spotSaaS Blog

Leading AI Based Startup Source.ag Closes $23 Million Funding

By equipping global growers with AI, Source.ag, an agtech business founded in 2020, raised $23 million funding.

By equipping global growers with AI, Source.ag, an agtech business founded in 2020, is expediting access to fresh produce

To create the most sophisticated artificial intelligence for the industry, Source.ag has worked with the top growers in the world and assembled a team of skilled engineers and plant scientists.

They use millions of data points on environment, biology, and resources to build and implement optimal production strategies using their in-house developed algorithms that simulate plant behavior.

By equipping global growers with AI, Source.ag, an agtech business founded in 2020, raised $23 million funding.

“Our technology provides growers with real-time, highly tailored advice on how to optimally grow their crops, and we support them in running a successful growing operation. We are proud to have Astanor Ventures, Acre Ventures Partners, and leading Dutch growers’ continued support in our mission to empower the world’s growers. With this funding, we’ll introduce further groundbreaking products so even more growers can scale healthy food production and feed more people in a sustainable way.’’

says Kamman, CEO, and co-founder of Source.ag

A number of the top greenhouse operators in the Netherlands and Acre Venture Partners also contributed to the round, which was led by Astanor Ventures.

The funding will be used to launch two innovative new AI solutions that will promote secure, dependable, and climate-resilient food production by assisting greenhouse growers with guidance on how to grow their crops most effectively.

Additionally, the investment will enable Source.ag to develop its AI and support even more crop varieties and farming practices.

Read More

Germany-Based Sovity Raises An Astounding Seed Funding In 2023

Leading UK-based Landytech Raises A Huge $12 Million

Anisha Jain

Anisha Jain

Anisha Jain, a dynamic professional in the sports SaaS industry, transitioned from economics to digital marketing, driven by her passion for content writing. Her tenure at TBC Consulting culminated in her role as CEO, where she honed her skills in digital strategy, branding, copywriting, and team management. Anisha's expertise encompasses various aspects of digital marketing, including 360-degree marketing, digital growth consulting, client communication, and business development, making her a versatile asset in the SaaS domain.

Table of Contents

You may also like it.

Translate »