CNH Industrial buys Augmenta

The smart agriculture "radar" of Volos-based Greek startup Augmenta is expected to travel around the world, following its acquisition by New York-listed CNH Industrial, the second largest tractor manufacturer in the world with a capitalization of around $20 billion.

"Significant funds will be invested in the company and in the Greek hub. Our goal is to highlight Greek talent and for the company to grow exponentially," says one of the founders, who assures that there will be no changes in the management of the company after the acquisition. The creation of two talented engineers, Dimitris Evangelopoulos and George Varvarelis, Augmenta is one of the first Greek startup companies to develop technological solutions that untie the hands of farmers and reduce their production costs. It took its first steps in the field of agricultural technology as Agile Agriculture Technologies...