AgroScout raises $7.5 million to expand AI-based agronomy analytics service
The Israeli startup’s platform collects data to create analytics for actionable insights in crop management
CTech | 11:34 05.08.2021
AgroScout announced that it has completed a Series A investment round of $7.5 million to expedite the development of its AI cloud platform for remote agronomy. The platform allows all growers to comply with the rising demand for sustainable crop protection and carbon accountability. The investment round was led by Kibbutz Yotvata. Other investors include Agriline (a trust of which Vincent Tchenguiz is a discretionary beneficiary), Kibbutz Yiron, The Trendlines Group, several private investors, and a grant from the Israel Innovation Authority. The AgroScout platform collects data to create analytics for actionable insights in crop management. AgroScout monitors the crop from emergence stand count, through canopy coverage estimates, and plant biomass, throughout the season. The platform also continuously monitors for pests and disease, decreasing pesticide use by early detection when infestation levels are low and curative treatments are highly effective, predicting regional outbreak tendencies.