201807 Feb

Agrilyst raises another $1.5M for its intelligent indoor farming platform

Summary

As Agrilyst co-founder and CEO Allison Kopf tells us, the company, which won our Disrupt San Francisco Startup Battlefield in 2015, has been on a bit of a roll lately. When the company launched, the team was very adamant that it didn’t want to be seen as a tool for indoor cannabis growers, but it recently added support for cannabis, as well as for floriculture and insect productions. “We see a world where computation cost is driven to zero and we now have the resources to monitor the growth, health and biology of every single seed,” says Phil Chen, advisor at Horizons Lab. “I see Allison and her team at Agrilyst as the interpreters of this data to secure future food sources.” As for the team, it’s worth noting that the company recently brought on both a new CTO (to replace co-founder and CTO Jason Camp, who left the company last year) and a VP of Customer Success. Unsurprisingly, Agrilyst plans to use the new funding to support its growth and expand into new markets and product lines.

Source: Techcrunch

Funding

$1.5M
Amount
Jan 31 2018
Date
-
Investor
Agrilyst
Company

Classifications

Companies