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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

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AgTech Investments

Yamaha Motor Ventures invest AUD $11 million into Australian AgTech, The Yield

The Yield Technology Solutions (“The Yield”), a leading Australian agricultural technology company, received investment of AUD $11 million, led by Yamaha Motor Ventures. Yamaha Motor Ventures is the strategic business development and investment arm of global technology organisation, Yamaha Motor Co., Ltd. The Yield is developing its proprietary digital application providing microclimate data and predictive insights to support critical production decisions for large commercial growers in the specialty crops industry.

“The Yield is poised to be The Climate Corp of horticulture and we look forward to supporting the team’s strategic plan to scale its data-driven solution to the global specialty crop market.”

Yamaha Motor Ventures 

The Yield works closely with produce growers to design their products and committed to solving real challenges – at farm level and throughout the food chain. They are on a mission to transform food and farming practices by building secure, scalable digital technology. The Yield’s Sensing+ combines sensors and analytics to provide information and predictions in easy-to-use apps that help large commercial growers make important on-farm decisions like when to irrigate, feed, plant, protect and harvest.

Read more at The Yield