Financials

Estimates*

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Revenues, earnings & profits over time
EUR20172018
Revenues-<1m
EBITDA-(<1m)
% EBITDA margin-(40 %)
Profit(<1m)(<1m)
% profit margin-(61 %)
R&D budget-1.0m
R&D % of revenue-322 %

Source: Dealroom estimates

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DateInvestorsAmountRound
-

N/A

-

$1.3m

Seed

£3.0m

Series A

N/A

Grant

£7.0m

Valuation: £30.0m

115.8x EV/LTM Revenues

-288.4x EV/LTM EBITDA

Series B

$2.6m

Series B
N/A

£3.5m

Convertible
*

N/A

Acquisition
Total Funding€19.7m

Recent News about Hummingbird Technologies

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More about Hummingbird Technologiesinfo icon
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Hummingbird Technologies is a pioneering company in the field of precision agriculture, leveraging advanced artificial intelligence and remote sensing technologies to provide actionable insights for farmers and agribusinesses. The company operates globally, with a presence in 10 countries, and serves enterprise clients in the agriculture sector. Hummingbird's platform uses deep learning and computer vision techniques to analyze imagery data, enabling farmers to make informed decisions that enhance crop yields, reduce costs, and promote sustainability. The business model revolves around a SaaS (Software as a Service) platform, which integrates seamlessly across various farm verticals and supply chains. Revenue is generated through subscription fees and enterprise contracts. Hummingbird's technology supports key decision-making points during the growing season, offering services such as variable rate nitrogen application, plant counting and sizing, and fresh produce verification. The company is backed by prominent names in food agriculture, technology, science, and venture capital, and is a member of several industry alliances focused on green technology and climate action.

Keywords: precision agriculture, AI, remote sensing, deep learning, crop optimization, sustainability, SaaS, agribusiness, imagery analytics, data science.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.