The round, which brings total funding raised to date to $35m, was led by Insight Venture Partners, with participation from Romulus Capital.
The company intends to use the funds to recruit new technical talent to advance computer vision and AI development, and target imagery products for new markets.
Led by Ashwin Madgavkar, founder and CEO, Ceres Imaging is an aerial spectral imagery and analytics company that serves farmers and agribusinesses. Using proprietary sensors, analytics, machine learning models, and plant science, the company delivers university-validated imagery-based intelligence to farms in the US and Australia to identify pest, disease, water, and fertilizer issues weeks before they are visible to the naked eye.
Clients and partners include Olam, The Climate Corporation, Agtegra, and Evergreen FS.
FinSMEs
28/06/2018