We are excited to announce a groundbreaking development: RWA Raiffeisen Ware Austria has acquired the innovative startup FarmHedge! This strategic acquisition, made possible through the close collaboration and support of the Agro Innovation Lab, expands our digital solutions for agriculture and helps farmers optimize their business processes.
In 2017, the Irish startup FarmHedge Ltd. was one of the first participants in the Agro Innovation Lab’s accelerator program. Through intensive collaboration between the AIL team, pioneering warehouse cooperatives, and the FarmHedge founders, the program was successfully brought to market. Currently, around 4,000 farmers in Austria are registered.
The Agro Innovation Lab played a central role in this process and was instrumental in the successful integration of FarmHedge into the RWA family. From providing necessary resources to strategic support, AIL closely supported every step. “This acquisition demonstrates our commitment to technological advancements and supporting agriculture,” emphasized Georg Sladek, Managing Director of the Agro Innovation Lab. “Thanks to our team’s intensive efforts, this integration was implemented smoothly and efficiently.”
The app is free for agricultural businesses and is available for both Android and Apple. For more information, visit: rlh.at/farmhedge
The Agro Innovation Lab continues to promote and develop innovative solutions for agriculture to support farmers worldwide. This acquisition is another example of the successful use of technology to optimize agricultural processes.
Photo: RWA