AgTech and Genomics pioneer Pattern closes $35M funding round led by Conti Ventures
Summary
These analytics help farmers predict and plan crop protection, seed selection, and fertility decisions for the upcoming season, and boost profits by $60+ per acre by increasing yields and controlling input costs.Pattern understands the power of focus for early-stage enterprises. Ultimately, this data will drive the next generation of machine learning for predictive product placement in farms globally.Getting the most out of your soilPattern will be serving thousands of growers across the United States this year, with more than one million acres to be sampled. For farmers, this means that they now have the ability to apply precision agricultural techniques to their agronomic input selection.Soils are a massive natural carbon sink, second only to oceans, said David Friedberg, founder of The Climate Corporation and The Production Board. We create longterm value by applying deep industry knowledge, capital and talent to businesses ranging from established market leaders to promising innovators.We build platforms that leverage our strategic expertise in food production, processing, and distribution to source proprietary deals, working alongside trusted partners and supporting strong management teams. TPB builds businesses based on emerging scientific discoveries, partners with exceptional talent, and provides them with the capital, infrastructure, and market insights needed to deliver at least a 10x improvement in the cost, energy, time, or carbon footprint of conventional systems.
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