Stenon, a Potsdam-based agtech company focused on real-time soil data infrastructure, has raised €18 million in Series B financing, the company announced on July 1, 2026.

The round was led by Pymwymic, with DeepTech & Climate Fonds joining as a new investor. Existing backers Atlantic, Oyster Bay, Founders Fund, TIME Ventures and Bernd Hoffmann also participated.

Stenon develops sensor, AI and software systems that measure soil conditions directly in the field, with a focus on real-time nitrogen management and soil organic carbon. The new funding will support product development, international expansion and the advancement of its FarmLab platform, as well as a next technology platform aimed at machine-integrated, real-time nutrient intelligence.

The company said it will use the proceeds to grow operations in South America, particularly Brazil, as well as Central Asia and selected European markets, while strengthening agronomic calibration, localization and customer support.