AgReads®
AgroScout agro analytics platform, announced today that it acquired the assets of TerrAvion, a market leader in imagery data management for agriculture. The acquisition fuels AgroScout’s high-resolution agriculture aerial imagery capabilities and agro data artificial intelligence for a wide range of crops. Effective immediately, current AgroScout and TerrAvion clients will have access to a powerful […]
African farmers face a myriad of challenges — inadequate financing, education and input distribution — which greatly affect the agricultural output on the continent. However startups are providing market driven yet innovative solutions to these problems, and South Africa’s Aerobotics is an example. The startup, launched in 2014, is carving a niche in the fast-growing […]
Understory, a company solving the coverage crisis with parametric insurance for severe weather, has been awarded ‘AgTech Insurance Solution of the Year’ by AgTech Breakthrough, a leading market intelligence company. Climate-vulnerable businesses around the world rely on Understory’s parametric insurance for financial protection from hail and frost damage. Prior to Understory, the vast majority of […]
AgTech startup company in Thailand, Ricult raised $2 million in new investment, bringing its total funding to $5 million, according to Nikkei. The company uses proprietary machine learning algorithms, leveraging satellite imagery, agronomic models and weather data to provide precision agritech services to farmers. The round was led by Bualuang Ventures and Krungsri Finnovate. Among […]
Farmer’s Business Network, Inc., a US based agtech firm with a mission to power the prosperity of family farmers around the world by helping them maximize their profit potential, has closed a $250m Series F funding round. The round was led by BlackRock Inc., with participation from new investors Baron Capital Group, Balyasny Asset Management […]
Cape Town-based Aerobotics, uses aerial imagery from drones and satellites, and blends them with machine learning algorithms. This helps in early problem detection and offer personalised solutions to tree and wine farmers and optimise crop performance. The startup’s cloud-based application Aeroview provides farmers with insights, scout mapping and other tools to mitigate damage to tree […]
AgReads®