Participated · Series B · Mar 2022

IUNU develops the LUNA platform, which combines machine vision, automation, AI, plant science, and people to help future-proof greenhouse operations. LUNA delivers plant-level visibility, automated labor analysis, and real-time crop steering and forecasting for high-value vine crops such as tomatoes, cucumbers, and peppers, and integrates with growers' control and ERP systems. The platform increases plant sampling from 0.016% to 10%, improving forecasting accuracy, automating labor quality management, and providing daily compartment-level insights to optimize crop health and quality. IUNU operates in more than 100 facilities across 18 countries and reports 330% growth in its vine-crop segment. The company plans to use new funding to expand into high-value markets across North America and Europe and to grow its commercial and engineering teams to accelerate adoption of LUNA. IUNU has established market share in leafy greens, partnerships with major North American ornamental growers, and is headquartered in Seattle with offices in Ontario, Canada, and the Netherlands. IUNU develops the LUNA robotic system that moves along greenhouse roofs and uses computer vision to detect problem areas and harvest-ready spots. The system reduces the need for manual scouting as farms scale and is well-suited to greenhouse track deployment. IUNU says it works with a quarter of U.S. greenhouse leafy-green growers and claims to have the largest production dataset in the industry based on existing deployments. The company employed 60 people at the time of the article, a 50% headcount increase over the prior six months. In September IUNU acquired Artemis (formerly Agrilyst) to bolster its data-collecting capabilities. The company plans to use new funding to expand its global footprint and increase R&D on new products. iUNU is an industrial computer vision company that provides precision agriculture solutions to indoor growers. Its LUNA platform connects plants, facilities, and people through a single interface and converts commercial greenhouses into precise, predictable, demand-based manufacturers. LUNA combines mobile and fixed high-definition cameras with environmental sensors to measure and record metrics down to the real-time growth rate of each plant. The software uses computer vision and machine learning to build detailed models of individual plants throughout the day and to detect minute changes in plant health. Growers use the platform for crop monitoring and forecasting, space utilization, labor planning, and to increase pricing leverage for sales teams. Founded in 2013 and based in Seattle, WA, iUNU announced a $7M Series A financing led by S2G Ventures and Ceres Partners. iUNU develops LUNA, an AI system that uses autonomous rail-mounted cameras and canopy-level sensors to monitor plants, detect small changes, flag potential problems, and recommend specific actions. LUNA runs on computers and mobile devices and is offered as a system-as-a-service, with iUNU installing and maintaining the system for customers. The company began by developing energy-efficient plasma grow lights and embedded its AI into those lights before customers prompted a standalone LUNA offering; it spent three years developing and testing the system in large commercial greenhouses. iUNU plans to expand its platform to modernize greenhouse operations and make growing more like data-driven manufacturing. The six-year-old, 35-person company has clients across nine U.S. states and two provinces in Canada and maintains additional offices in San Francisco and San Diego. Management cites roughly 20% year-over-year growth in the greenhouse industry as a driver of demand for its product. iUNU develops LUNA, a computer vision and machine-learning platform for commercial greenhouse operations that continuously builds detailed models of individual plants. The solution uses high-resolution and 3D imagery plus real-time bioinformatics to monitor changes in plant health throughout the day. After three years of development and testing in large-scale commercial operations, the company positions LUNA as unique in tracking individual plants among millions. iUNU was founded in 2013 and is based in Seattle, with additional offices in San Francisco and San Diego. The company intends to use newly raised funds to continue expanding its operations.