SenSprout raises funds through a third-party allocation of shares to develop and market an automatic irrigation scheduling system

Funding Rounds

▤ Summary

The funding round was backed by JMTC Capital, GMO VenturePartners, FGN ABBALab, Shibata Shoji, Yosemite, Regain Group and Hiroshi Tomishima. SenSprouts past products include agricultural soil moisture sensors, irrigation control systems and advanced greenhouse solutions. After introducing the system, one asparagus farmer was able to reduce the time spent on irrigation work each month from 60 hours to a few minutes. The farmer also appreciated the ability to water plants automatically by setting the irrigation timer. With the newly raised funds, the company aims to develop and market a new irrigation algorithm.

$ Funding

$
Amount - Total raised
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Date July 29, 2020 Announcement date
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Investors - Lead investors
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Company http://www.sensprout.com Funded company

▥ Classifications

industries
AgriTech
applications
Calendar, Scheduling

◇ AskAI Classifications

Labels
Agricultural Technology IoT SaaS

▦ Linked Companies