Koidra Raises $4.5M in Seed Funding

Koidra


Koidra, a Seattle, WA-based provider of an intelligent automation (IA) platform, raised $4.5M in Seed funding.

The round was led by Ospraie Ag Science, with participation from Amritam Holdings, Cavallo Ventures, and Foothill Ventures.

The company intends to use the funds to expand operations and its business reach.

Led by CEO Kenneth Tran, Koidra is an intelligent automation (IA) startup focused on industrial IoT for agricultural and industrial applications. The company’s autonomous greenhouse technology improves yield and reduces waste by combining physics, crop modeling, and machine learning to transform CEA. This IA technology augments growers’ abilities to monitor their growing environments and plants, delivers optimized climate decisions for the growing area, and improves yields over time.

Koidra is extending its core tech to improve operations in industrial IoT and real-time control applications, such as for machine and factory automation. The goal in each case is to eventually create autonomous greenhouses, farms, and factories.

FinSMEs

29/03/2022