Agrible, Inc., a Champaign, IL-based agriculture technology startup focused on predictive analytics, raised $4.1m in Series A round of funding.
The round was led by Serra Ventures with participation from Archer Daniels Midland Company (ADM).
The company intends to use the funds to expand its team and continue improving Morning Farm Report.
Led by CEO Chris Harbourt, Agrible produces actionable predictive analytics tools for growers and agricultural companies to increase yields through field-specific data and forecasts. In February 2015, the company launched Morning Farm Report, the delivery infrastructure for its four products: Rainfall, Field Intel, Tractor Time, and Yield Engine. Morning Farm Report provides accurate forecasts and data on fieldwork logistics, yield estimates, rainfall, growing degree days, and more, through annual subscriptions to each product. It reports what has already happened on a field and provides growers with forecasts and actionable recommendations.
FinSMEs
21/07/2015