GroGuru, a San Diego, CA-based leader in strategic water management for commercial farmers, closed a Seed A round with $2.3m in funding.
The round was co-led by Cove Fund and Impact Venture Capital, with participation from Integral Capital Partners, Comeback Capital, Right Side Capital Management, VIGR Crop, NutraDrip, and Thunderhead Crop.
The company intends to use the funds to expand sales, continue to develop and commercialize its innovative AI-enabled solutions for continuous farm monitoring and management, and the expansion of its strategic partnerships.
Led by Patrick Henry, president and CEO, GroGuru supplies precision soil and irrigation monitoring and management systems to the commercial agriculture industry. Its solutions enable farmers to increase crop yields, and, at the same time, efficiently use water, energy, fertilizer and labor in a more sustainable way. It combines a patented wireless underground system (WUGS) for soil monitoring, an AI-based recommendation engine in the Cloud, and an intuitive farmer-friendly user interface that farmers can access on their tablet, computer or mobile device.
GroGuru has been a part of the OCTANE LaunchPad, EvoNexus, AgLaunch, the Yield Lab, SVG-Thrive and Plug & Play AgTech accelerator programs.
FinSMEs
03/08/2023