KKR: invests in smaXtec's agricultural technologies

(CercleFinance.com) - smaXtec, specialist in agricultural technologies for the global dairy industry, today announced a growth investment led by global investment firm KKR, in collaboration with technology investor Highland Europe ('Highland').


Existing shareholder Sophora Unternehmerkapital ('Sophora') has retained a minority stake in the company.

Financial terms of the transaction were not disclosed.

smaXtec's innovation is based on an in-vivo sensor placed in cows' stomachs, providing real-time data, integrated with an AI-powered cloud platform. The company, founded in 2009 in Graz, Austria, serves farmers across Europe, North America and Australia & New Zealand.

KKR's investment will enable smaXtec to strengthen its product innovation and accelerate its international growth.

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