Agricultural device earns €1m investment

A device that uses ultrasonic technology to measure grass has earned Mayo-based Monford Ag Systems €1 million in syndicated investment.

10th August, 2013
Steven Lock, chief executive, Monford, with Dawn Guiney, marketing executive, Kernel Capital and Jerry Manock, lead designer, Monford.

Company: Monford Ag Systems

**Done Deal:** €1 million

**The clincher:** ``We see [the Grassometer] addressing a global market from launch enabling farmers worldwide to measure, manage and optimise grass production.'' - Ger Goold, partner, Kernel Capital

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