Categories
AgTech Investments

Israeli agtech startup Saturas has raised $3 million in Series B funding

Israeli precision irrigation system company Saturas has introduced the completion of first part of a Series B funding round of $3 million. The financing round was from former investors Gefen Capital and Hubei Forbon Technology alongside a new investor, the Trendlines Agrifood Fund.

“We believe that Saturas’ unique technology for measuring stem water potential is poised to change the way farmers manage their irrigation – providing a highly accurate method to reduce water use, at the same time as improving the quality of fruit. Our investment represents the fund’s commitment to investing in technologies that address food and agricultural production in a sustainable way, using innovative knowledge and a team with proven capabilities. Saturas checks all those boxes.”

Trendlines Agrifood Fund CEO Nitza Kardish

Saturas develops a Decision Support System (DSS) based on miniature Stem Water Potential (SWP) sensor that is embedded into the trunks of trees, vines, and plants. As part of an automatic irrigation system, the Saturas sensor provides accurate information for optimized irrigation in order to reduce water consumption and increase fruit production and quality.

“Following our expansion of sales and operations in the US through our California-based subsidiary, and in Europe, South America and China, this investment enables further market and sales expansion, and development of our production capabilities. We are working to complete the full funding round by the end of the year.”

Saturas CEO Anat Halgoa

Stem Water Potential (SWP) is a scientifically recognized, highly accurate parameter, for determining water status in crops. Saturas’ Stem Water Potential (SWP) sensing system automatically collects accurate data using a minimal number of sensors per hectare (1 – 2 sensors). It transmits the processed data to the central automated irrigation control system.

The technology tailors irrigation to real-time water needs of the crop, resulting in more efficient water use and increased yields, fruit size and sugar content (e.g., vineyards). Embedding the sensor into the trunk eliminates the common problem of damage to sensors placed in the soil or on the tree/vine. With direct and reliable information on crop water status, farmers can save water and increase yields.

Read more at Globes

One reply on “Israeli agtech startup Saturas has raised $3 million in Series B funding”

Comments are closed.