Gamaya, a Lausanne, Switzerland-based provider of a solution for large-scale diagnostics of farmland using hyperspectral imaging and artificial intelligence, raised CHF3.2m in Series A financing round.
Backers included Sandoz Foundation, Peter Brabeck-Letmathe (Chairman of Nestle), Seed4Equity and VI Partners.
The company will use the funds to continue to ecpand operations. It is hiring new people.
Led by CEO Yosef Akhtman, CTO Dragos Constantin, and Chief Commercial Officer Igor Ivanov, Gamaya provides industrial growers with a solution to boost the efficiency of their agricultural production via patented hyperspectral imaging technology, drone-based deployment and artificial intelligence. Examples of the information products include early alerts for disease, pests and weeds, optimum rates of application for fertilisers, and prediction of yield.
The system includes a drone-mounted hyperspectral camera, integrated with an analytical platform that automatically translates data into actionable agronomy-driven information delivered in the form of action maps and recommendations, such as weed or disease maps, so that a farmer can take action in the field. The action maps are integrated into farm management platforms, and can be relayed to field machinery for the necessary treatment, such as the spraying of chemicals, or the distribution of fertilisers.
Currently, Gamaya provides a solution for soybean, corn and sugarcane growers.