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Synopsis
Karista, an early-stage venture capital firm, led a €17m seed round in constellr, a technology company enabling globally scalable high-precision smart farming services, with participation from Einstein Industries Ventures alongside existing investors FTTF, Lakestar, Vsquared, Amathaon Capital, Natural Ventures, OHB Ventures and EIT Food. "Investing in constellr is a unique opportunity for us to be at the forefront of a SpaceTech revolution that deeply transforms terrestrial industries, including agriculture and climate-related concerns. Thanks to this additional fundraising and its unique management team execution capabilities, constellr will reinforce its leading position in Europe and accelerate and expand its commercial footprint globally, especially addressing substantial market demand from the US," Michael Thomas, Karista Investment Director.
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