North Carolina-based agtech start-up Growers has raised more than $100 in a series A funding round, led by Lewis and Clark Ventures. The investment will be used to expand the company's direct-to-farmer platform, a system which collects farmland data, such as soil, planting and harvest information, and quickly delivers precise fertiliser and seed recommendations to maximise yield, as well as modelling accurate per-acre costs and revenue for financial planning. The system, called CLICK, works without the need for data entry from the farmer. It provides an average of three to five times return on investment, according to the company.
North Carolina-based agtech start-up Growers has raised an additional $5m in a series A funding round, led by Lewis and Clark Ventures. The investment will be used to expand the company's direct-to-farmer platform, a system which collects farmland data, such as soil, planting and harvest information, and quickly delivers precise fertiliser and seed recommendations to maximise yield, as well as modelling accurate per-acre costs and revenue for financial planning. The system, called CLICK, works without the need for data entry from the farmer. It provides an average of three to five times return on investment, according to the company.