Agtech Artemis, formerly Agrilyst, has raised $8m in a series A funding round, co-led by Astanor Ventures and Talis Capital. Artemis has pivoted from providing farmers with crop yield and other data to focusing on all aspects of the cannabis-growing industry, which now accounts for more than half of its revenues. The company will use this money to expand into new markets such as food production, but also to develop products that can be used across multiple industries.
Agtech Artemis, formerly Agrilyst, has raised $8m in a series A funding round, co-led by Astanor Ventures and Talis Capital. Artemis has pivoted from providing farmers with crop yield and other data to focusing on all aspects of the cannabis-growing industry, which now accounts for more than half of its revenues. CEO Allison Kopf said the start-up will use the investment to expand its use of data and help businesses with "everything from compliance down to the profitability element".