FieldIn, a Ramat-Yishai, Israel-based AgPest startup utilizing IoT devices connected to its analytics platform to provide growers with control over their farming operations, closed $4M in funding.
The round was co-led by Gal Ventures and Germin8 Ventures with participation from early investors Terra Ventures and the Israel Innovation Authority (formerly the Office of the Chief Scientist of Israel’s Ministry of Economy).
The company intends to use the funds to increase its customer base worldwide while enhancing its AgPest dataset.
Led by Boaz Bachar, Founder and CEO, FieldIn provides innovative technology that allows growers, as well as the entire AgPest supply chain (from growers to retailers), to improve yields, decrease costs and reduce the impact of pesticides on our entire environment.
Its data software service provides real time management of AgPest usage, patterns and efficacy. Utilizing advanced data analytics and artificial intelligence, FieldIn computes geospatial, chemical, biological, weather and other parameters, to provide growers the ability to dramatically improve yields, adapt to evolving pest resistance and reduce costs.
The team also includes Iftach Birger, Chief Agronomist Officer, and 25 team members in Ramat-Yishai, as well as sales and support team members in Salinas, California, and South Africa.