Sentera, a Minneapolis MN-based agricultural insight company, raised $25M in Series C funding.
The round was led by Caisse de dépôt et placement du Québec (CDPQ) and S2G Ventures with participation from Akroyd LLC, KuE Capital, Continental Grain Company, iSelect Fund and Middleland Capital.
The company intends to use the funds to expand operations and its business reach.
Led by Eric Taipale, CEO, Sentera provides an AI-powered platform that fives time sensitive insights to optimize decisions and improve outcomes for stakeholders throughout the agricultural supply chain. The company’s technology centers around FieldAgent®, a software platform tailored for food and agriculture that integrates data from satellites, on-field equipment, weather, soil, drone sensors and field observations. Data products are processed with models, machine learning and artificial intelligence tools. Customers receive insights that help optimize agronomic and business outcomes across the food and agriculture value stream.
Sentera products are in use in more than 70 countries, on millions of acres and at nearly 100 research universities and centers worldwide.
FinSMEs
10/06/2021