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AgroScout

Beit Rishon Bemoledet St., Yir'on, HaZafon, 1385500, Israel

Overview

AgroScout builds an AI-based crop management platform that uses five layers of datapoints to generate analytics and actionable crop management plans. The platform monitors pests and diseases to help reduce pesticide use and includes sustainability and carbon-accountability tools. AgroScout relies on low-cost data collection and stable off-the-shelf hardware, which the company says simplifies deployment for growers. Its product offers improved yield predictions prior to harvest for farmers, agribusinesses, and food manufacturers. Founded in 2017, the company raised $7.5 million in a Series A this round and has now raised just shy of $11 million in total. AgroScout plans to expand its remote agronomy services and bring its technology to an estimated 500 million mostly underserved farms worldwide. AgroScout provides a solution that integrates external data collected by drones and smartphones with AI software, deep learning and computer vision to accurately and autonomously detect, identify and monitor diseases, pests and other agronomic problems in field crops. The system leverages off-the-shelf, low-cost equipment and is based on user-generated content. The company is a portfolio company of The Trendlines Group and is led by CEO Simcha Shore. Pilot projects are underway in Latin America with PepsiCo and its growers, and commercial sales have begun in the United States, Latin America and Israel. AgroScout is a member of Oracle for Startups and an early adopter of Oracle Cloud Infrastructure Data Science. It intends to use the new funding to expand market reach and broaden services to customers.

Total raised
$11M
Funding rounds
2
Latest round
Series A
Latest activity
Aug 2021

Industries

  • Agriculture
  • AgTech
  • Food and Beverage
  • Information Technology
  • Machine Learning
  • Software
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Recent funding

  1. Series A

    Aug 2021

    $8M

  2. Seed

    Apr 2020

    $3M

Team