Abelio

Abelio operates as a digital agriculture company, offering a comprehensive solution for daily crop monitoring. The firm was established in 2018 by co-founders Philippe and Grégoire, initially under the name New Drone. In 2020, the company was accepted into the Le Village by CA accelerator program, which prompted a strategic shift to its current focus on acquiring and processing data from multiple sources, including satellites and drones, and a rebranding to Abelio.

The company's business model is centered on providing precision agriculture tools to farmers and agricultural cooperatives. Its services are accessed through a web platform for agricultural technicians and a mobile app for farmers. Abelio generates revenue by partnering with agricultural distributors who then offer the solution to farmers. The company's platform is designed to be interoperable with common traceability tools and on-farm weather stations. By 2023, the company reported having 100 distributors and over 10,000 farmers using its solution.

Abelio's core offering is a decision-support tool that analyzes data from sources like PlanetScope satellite imagery to provide actionable recommendations. Key features include optimizing fertilizer and water use, detecting weeds, and monitoring for crop diseases and growth stages. This enables farmers to apply inputs with greater precision, which can lead to reduced costs and environmental impact. For example, users have reported reductions in nitrogen use by 5-10% and increased yields, leading to higher profits per hectare. The platform processes aerial imagery using AI and computer vision to deliver insights within a 48-hour timeframe.

Since its inception, Abelio has secured significant funding to support its development and expansion. After an initial seed round in 2020, the company raised €4 million in 2023 to facilitate its deployment across Europe and into Canada. PitchBook data notes a later-stage VC round in December 2023 for $6.55M and a merger with Scanopy in May 2024. The company's growth reflects an increasing demand for data-driven solutions in the agricultural sector to address economic and environmental challenges.

Keywords: precision agriculture, crop monitoring, AgTech, farm management software, satellite imagery analysis, decision support tools, digital farming, sustainable agriculture, variable rate application, fertilizer optimization, water management, weed detection, crop disease monitoring, agricultural data analytics, AI in agriculture, drone technology in agriculture, remote sensing, farm profitability, input reduction, environmental impact reduction