Fundings-in-Brief: Ag Drone Tech Company Raises $7.4m, Food Traceability Technology Raises $10m Series B

Funding Rounds

Summary

MicaSense raised $7.4 million from Parrot to expand its drone sensor business and software platform for crop analysis. Label Insight also secured a $10 million Series B led by KPMG Capital to build new products, broaden data views, and grow its data science team. The article additionally mentions smaller funding rounds for AgriSync, Power Supply, QuiToque, and Smartcooky. These updates center on capital raises across agtech, SaaS data, and food-related software businesses.

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Amount $7.4M Total raised
Date February 11, 2016 Announcement date
Investors Upfront Ventures, VLCC, The Motley Fool, Isai, Mercury Fund, Parrot, Serra Ventures, KPMG Capital, New Delhi Television, Cultivation Capital, QuiToque Lead investors
Company micasense.com Funded company

Classifications

industries
AgriTech
applications
Business Intelligence

AskAI Classifications

Labels
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Linked Companies

Label Insight, Inc
$1M to $5M
MicaSense
$1M to $5M