Fermata Closes $10M Series A Funding to Build the Brain of Ag
Fermata获得1000万美元A轮融资打造农业大脑
- 关键词:
- 来源:
- Fermata;Global Ag Tech Initiative;
- 类型:
- 前沿资讯
- 语种:
- 英语
- 原文发布日期:
- 2025-01-07
- 摘要:
- Fermata, a data science companyspecializing in computer vision agriculture solutions, closes $10 million in aSeries A funding round backed exclusively by Raw Ventures. This investment willsupport the company’s strategic vision of developing a centralized digitalbrain for the horticulture industry, allowing autonomous management of cropsthrough advanced data analysis, creating an ever-evolving system thatcontinuously learns from available data.The agricultural industry ischaracterized by a dual challenge: on the one hand, much of it remainspredominantly non-digital, with farmers relying on intuition and experience toidentify and diagnose crop issues – an approach that is often time-consumingand imprecise. On the other hand, even in advanced greenhouses where techsolutions are implemented, the sheer volume of data generated can overwhelmgrowers, leaving them unable to extract meaningful insights. As a result, manycontinue to rely on traditional methods, rather than utilizing the potential ofthe data to make informed, actionable decisions.Initially focusing onidentifying pests and diseases, the funding will be used to expand Fermata’ssystem into a command center for crop health, further developing its suite ofAI-driven solutions to address a range of agricultural challenges. Using advanceddata analytics, the system monitors a wide range of plant health factors, fromfertilization to pollination status, with future capabilities set to includeforecasting tools like yield prediction tracking. Fermata’s Croptimus suitewill process visuals collected through its products, and integrate third-partydata sources to build more accurate models.If a grower is already usingsolutions for data collection, this information could be integrated withFermata’s products in the future to generate advanced predictive insights. Forgrowers not yet collecting data, cameras can be installed to monitor planthealth. As visual data is gathered—whether from sensors or othersources—Fermata continuously uses it to refine and improve the accuracy of itsinsights and predictions. The company has already forged strategiccollaborations with Microsoft, NVIDIA, Wageningen University, Bayer CropSciences, yieldsApp, and agRE.tech, and plans to continue partnering withindustry leaders to expand its impact throughout the agritech sector.These new capabilities build onFermata’s current offerings, as its Croptimus suite provides 24/7 cropmonitoring through computer vision to ensure plants remain healthy whilescouting for potential threats. This approach has already demonstrated the potentialto generate 30 percent savings on lost crops, while minimizing the need to useharmful pesticides. Fermata’s proprietary data allows them to build models thatare not only accurate and highly efficient but also cost-effective to run,further enhancing the scalability of their solutions.“Over the past five years,Fermata has been on a journey to discover the best applications of computervision to meet growers’ needs,” says Valeria Kogan, Founder and CEO of Fermata.“We proudly call what we’ve built, ‘The Eyes of Ag.’ With the new funding, I’mthrilled to see Fermata scaling to bring all the other senses to theagricultural industry, ultimately evolving into its Brain. I’m happy we are apart of a global collaborative effort to shape the farming of tomorrow.”“Raw Ventures is proud tocontinue supporting Fermata, reaffirming our commitment to driving investmentsin sustainability,” says Victoria Palatnik, managing partner of Raw Ventures.“As always, our support goes far beyond funding, providing substantial resourcesto help the company succeed. This latest funding round highlights Fermata’simpressive achievements, including significant technological milestones, thedevelopment of impactful partnerships, and a transformative effort by itsmanagement team, which has guided the company from an early-stage startuptoward becoming a resilient and mature business.”
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- 63