FarmLogs Raises $22M in Series C Funding
Summary
FarmLogs, an Ann Arbor, MI-based digital farm management platform provider, raised $22m in Series C funding.In conjunction with the funding, Naspers’ Mike Katz will join FarmLogs’ board of directors.The company, which has raised $37m in total capital, will use the funds to further grow its team and to accelerate product innovation.Founded in 2011 by Jesse Vollmar, CEO, and Brad Koch, Backend Engineer, and launched in 2012 out of Silicon Valley’s Y Combinator, FarmLogs leverages software, data science and machine-learning technology to offer independent information and recommendations for growers to remotely improve field performance, increase yield and eliminate waste.The company’s field monitoring service notifies farmers when it detects yield threats, automatically logs activities, and gives users instant access to field-specific data including rainfall tracking, soil composition maps, GDD accumulation and yield maps.
Funding
Classifications
AskAI Classifications
LabelsLinked Companies
