XpertSea wins agtech awards
The company was recognized for its marketplace that connects shrimp buyers and growers and guarantees same-day payment.
Canadian-based company XpertSea was awarded the 2021 AgTech Breakthrough Award for Trading Solution of the Year. The winners were announced by AgTech Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global agricultural technology market.
XpertSea won for its data-driven marketplace, which uses AI and financial services to connect shrimp farmers with a network of buyers and ensure same-day payment. Using XpertSea’s smartphone app and their phone’s camera, farmers can capture crop data, transact with buyers and receive the payment within 24 hours of harvest, which improves their cash flow, de-risks their business and unlocks growth.
“We're honored to be counted among the companies building standout tech that helps farmers grow sustainably and deliver better food to consumers,” said Valerie Robitaille, XpertSea’s CEO.
“With powerful AI tools and innovative financial services, we can build a better future for aquaculture producers and seafood consumers, and help aquaculture fulfill its potential as a sustainable source of protein.”
Earlier this month, XpertSea announced a $20 million Series B funding round led by QED Investors and Atlantico, which will allow XpertSea to bring its marketplace and financial services to new international markets following 1000% revenue growth in Latin America.