Koidra Raises $4.5M Seed Funding to Bring Intelligent Automation to Greenhouses and Beyond

Funding Rounds

Summary

Besides operational efficiency gains, Koidra solutions also advance manufacturing businesses on their journey to achieving hyperautomation, another strategic technology trend identified by Gartner. Koidras award-winning autonomous greenhouse technology improves yield and reduces waste by combining physics, crop modeling, and machine learning to transform CEA. "We believe that Koidra, with its principled research approach and experience in enterprise software, will deliver substantial positive impact to the Ag industry" observes Brett Morris, Managing Director of Cavallo Ventures. By increasing profitability, improving quality-adjusted yield, and reducing environmental impact, OASs companies benefit growers as they produce smarter, healthier, and more efficient food for consumers globally. Beyond capital, they provide deep expertise and market knowledge, enabling founders to launch new products and services, run trials, expand, and recruit new talent.

$ Funding

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Amount $4.5M Total raised
Date March 29, 2022 Announcement date
Investors - Lead investors
Company https://www.koidra.ai/ Funded company

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AgriTech
applications
AI & Machine learning

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