Farmevo's revenue jumps 10x, eyes New York HQ after $2.5M raise
What's the deal? Farmevo TechnologiesDealroom has a profile for this one. Try Dealroom →, a Pakistani agricultural technology startup, saw revenue rise more than tenfold between 2024 and 2025. It is now expanding into North and Latin American markets and plans to set up its headquarters in New York.
What does it do? Founded in 2024 on a 300-acre farm outside Karachi by Ali Fawad, Habab Idress and Rana Waqar, FarmevoDealroom has a profile for this one. Try Dealroom → builds software that uses low-cost drones to autonomously survey farmland and turn aerial imagery into alerts. It targets an information gap on large farms, where crop stress, weeds and diseases can go unnoticed until they cause major losses.
Traction: The company employs more than 30 people across engineering, research, sales and field operations, with enterprise clients in three countries. Its first major client was Corteva AgriscienceDealroom has a profile for this one. Try Dealroom →, which used the technology to detect anomalies affecting seed purity. BASF Agricultural SolutionsDealroom has a profile for this one. Try Dealroom →, Bayer CropScienceDealroom has a profile for this one. Try Dealroom → and McCain FoodsDealroom has a profile for this one. Try Dealroom → are also among its clients.
Why now? Farmevo raised $2.5 million from New York-based Gutter CapitalDealroom has a profile for this one. Try Dealroom → in 2025 and already has a presence in the US, Canada and Latin America. The push into North America follows a new revenue driver: SylvaSenseDealroom has a profile for this one. Try Dealroom →, a forest-surveying platform launched last year that now accounts for nearly half of company revenue.
According to Farmevo, foresters using SylvaSense have reported cutting survey times by up to 40% and costs by up to 30% versus manual ground surveys.
What's the endgame? The startup wants to move beyond drones and build software that acts as the operating intelligence for autonomous robots. It expects robots to become cheaper and more widespread, much like drones.
The signal: Farmevo is betting that the value in agri-tech sits in the software "brain" rather than the hardware. Its longer-term aim is to power robots for specialised tasks, starting in agriculture and forestry before expanding elsewhere.
Read more: dawn.com
Image credit: EU-Ukraine cooperation
