Qualcomm, Cisco Invest in Israel-based Agricultural Startup
Tel Aviv-based Prospera develops computer vision systems and software intended to automatically detect pests, and optimize farm production
Meir Orbach | 12:33 30.07.2017
Qualcomm’s venture arm, San Diego-based venture firm Qualcomm Ventures, led a $15 million Series B investment round in agriculture startup Prospera, the latter announced Wednesday.
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Cisco investments, Cisco’s San Jose, California-based venture arm, participated in the investment round as well.
It lists retailers Walmart, Tesco, Sainsbury's, and Aldi as customers. Over the last year it added new customers in Europe, Mexico, and the U.S., the company said in its announcement.