Agrible, a Champaign, Ill.-based agritech company, completed a $4.1m Series A round of funding.
Backers included Flyover Capital, which joined Serra Ventures and Archer Daniels Midland (ADM).
The company intends to use the funds to continue developing products, like Morning Farm Report and Find My Seed, a free seed selection tool.
Founded at the University of Illinois Research Park and led by Chris Harbourt, CEO, Agrible creates actionable predictive analytics tools that allows growers and agricultural companies make the best decisions on their fields. The company’s flagship product, Morning Farm Report, provides accurate data and forecasts on fieldwork logistics, yield predictions, rainfall, crop health, etc. The 2016 Grower Bundle introduces alerts for increased disease and insect pressure, nutrient availability forecasts and alerts, hourly forecasts on wind speed and direction, soil conditions, temperature inversions, and pollinator safety.
FinSMEs
02/02/2016