Agriculture Technology Soria Spain Drones Sustainability Innovation Expansion

Investment & Fund Management

backed by the European Investment

Full Credential Description

In Soria, Spain, a region characterized by low population density and a struggling agricultural sector, David Francés founded Codesian in 2014. This social enterprise leverages disruptive technology to assist farmers in maximizing their agricultural output while minimizing environmental impact. The primary challenge faced by local farmers was the inefficient use of resources, leading to lower yields and higher costs. Codesian addresses this by employing drones, sensors, and traditional scientific methods to gather extensive data on land properties, enabling farmers to make informed decisions regarding water, fertilizer, and pesticide usage.

The tailored solution provided by Codesian not only enhances agricultural productivity but also stabilizes the local job market. By optimizing land use, farmers can achieve more reliable harvests, which in turn supports local greengrocers and encourages them to expand their businesses, creating long-term employment opportunities. As a result of these innovations, Codesian has seen a significant boost in the agricultural labor market in Soria.

To facilitate its growth and further research into environmentally friendly farming practices, Codesian secured an EU-guaranteed loan from Soria Futuro, backed by the European Investment Fund (EIF). This financial support has allowed the company to double its workforce and expand its operations, with plans for internationalization and collaboration with major agricultural firms. Ultimately, Codesian aims to provide sustainable solutions to longstanding agricultural challenges, making farming more financially viable and attractive, while also positioning Soria as a hub for digital technology in agriculture.