Protein Industries Canada invests more than $2 million into AI for AgTech | BetaKit
Summary
Protein Industries Canada is investing more than $2.2 million into two AI-driven agtech projects. One project will build a tool that helps farmers predict and manage the risk of Ascochyta blight using crop, disease, and weather data. The other project will develop an AI-enabled drone with LiDAR to measure grain volumes in bins and reduce the need for workers to climb silos. Both projects combine partner funding with PIC support and aim to improve productivity, safety, and crop management.
Funding
Amount
$814.0K
Total raised
Date
January 1, 2024
Announcement date
Investors
Rocky Mountain Equipment
Lead investors
Company
tvision360.com
Funded company
AskAI Classifications
Sectors
No sectors detected
Functions
Business Intelligence and Analytics
Analytics and Reporting
Linked Companies
Super GeoAI Technology Inc.
$1M to $5M