hexafarms Raises €1.3M in Pre-Seed Funding
Summary
Its SaaS harvests data and leverages AI to monitor, control, and optimize greenhouses and vertical indoor farms in real time. Its AI models are able to forecast crop yield four to eight weeks in advance with accuracy as high as 95%. Their vision is to empower farms across the globe to run as efficiently as possible.Commenting on the funds, David Ahmed said: Although the global agriculture industry plays a fundamental role on a vast scale, its dishearteningly under-optimized. With our constantly evolving AI models, we aim to unlock potential savings of nearly 30% in variable costs and losses. By harnessing the power of algorithms, we can cater to the individual needs of each plant at any scale, surpassing the capabilities of human intervention.