Hyperplan’s collaborative crop monitoring platform secures food chains amid increasing volatility

Hyperplan, an innovator in the use of satellite and meteorological data technology to secure food chains, has raised 4.1 million euros in seed funding, led by Demeter via its Agrinnovation fund alongside BNP Paribas Developpement, Polytechnique Ventures, PeakBridge, Techmind and Unilis Agtech (joint-venture Unigrains-Arvalis).

Founded in June 2021, Hyperplan is a SaaS company on a mission to secure food chains by helping industrial companies in managing the increasing volatility of agricultural production. Hyperplan technology, based on satellite and meteorological data, enables clients to make timely and informed decisions for the success of their commercial or industrial operations in terms of economic efficiency, CO2 intensity reduction and food losses reduction.

In a context where climate change, supply chain disruptions and geopolitical tensions lead to an increasing volatility for food chains, Hyperplan’s collaborative platform is already used by industrial companies to monitor and anticipate agricultural production over 25 million hectares in France. Major users include Vivescia to secure and improve collect operations on cereals and oil crops and Corteva Agriscience in support of sales coverage for seeds.

This financing will support Hyperplan's ambition over the next 2 years to scale-up its platform, which anticipates agricultural production. After tests in real-life conditions in grain and oil crop value chains for input providers, traders and food processors, it will be deployed across Europe by end of Q1 2023 and then globally. The company also plans to roll-out its technology to all crops, including vegetables, sugar crops, root crops, and vineyards.

Ruben Sabah, Co-Founder and CEO of Hyperplan, declared: "The support of these recognized investors demonstrates the relevance of our solution to help agricultural input providers, aggregators and traders, and food processors in securing their operations. Our technology has the potential to accelerate the sustainable transformation of food chains while managing current and future volatile conditions. This round of funding is a major step that will allow us to bring our innovative solution to a wider market."

Demeter added: “Hyperplan has developed a unique solution to meet the needs of agri-food players who are looking for visibility on future production and yields in a context where climate change leads to extreme weather situations and instabilities in agricultural production. We have been quickly convinced by the quality of the team, its technical mastery and execution capabilities We are delighted to support them as they are building significant momentum around their high potential and very promising solution.”


About Hyperplan:

Founded in June 2021, Hyperplan is a SaaS company dedicated to support of food chain industrial companies globally in anticipating and mitigating the increasing volatility of agricultural supply. In its first year of commercialization, Hyperplan has already reached renowned and global industrial companies such as Vivescia and Corteva Agriscience.

Combining deep expertise in food supply chains and state-of-the-art product and technology development, Hyperplan’s product provides industrial companies with visibility and anticipation of agricultural supply, from parcel level to regional or national scale, in real-time and deployable in 24 hours for any supply territory and crop.

Contact : Ruben Sabah, ruben@hyperplan.fr
www.hyperplan.fr