Artemis Raises $8M in Series A Funding

artemisArtemis (formerly known as Agrilyst), a Brooklyn, NY-based provider of an enterprise Cultivation Management Platform (CMP), closed a $8m Series A funding round.

The round was co-led by Astanor Ventures and Talis Capital with participation from existing investors New York State’s Empire State Development Fund and iSelect Fund.

The company, which has raised $11.75m in total funding to date, will use the capital to scale sales and expand its team across product, engineering, sales and marketing.

Founded in 2015 by Allison Kopf, CEO, Artemis provides a Cultivation Management Platform that enables owners and managers of enterprise horticulture facilities to manage workflow and daily tasks, register crop batches, trace food safety issues, manage workers, and leverage data insights to increase workforce efficiency and crop productivity.
The platform integrates with other software for climate control, shipping/logistics, accounting, ERP/MRP, CRM, and Point of Sale Commerce. It is used by some of the world’s largest farming companies.

The company also appointed Dr. Kathleen Merrigan, the former Deputy Secretary of Agriculture under President Obama and is the first Executive Director of the Swette Center for Sustainable Food Systems at Arizona State University, and Charlie O’Donnell, the sole Partner and Founder at Brooklyn Bridge Ventures, to its Board of Directors.

FinSMEs

22/05/2019

 

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