CropX Technologies, a Napa, CA-based provider of digital solutions for agronomic farm management, acquired Tule Technologies, a precision irrigation company based in California.
The amount of the deal was not disclosed.
This acquisition brings new data capture technologies to the CropX Agronomic Farm Management System and expands its market in California drip-irrigated specialty crops. Effective immediately, all Tule employees will join CropX, adding expansive on-farm and client service expertise in the specialty crop and drip irrigation space, as well as technology talent to CropX’s growing global team.
Founded in 2014 with backing from Y-Combinator and others, and led by CEO Dr. Tom Shapland, Tule Technologies combines proprietary technology, agronomic expertise, and artificial intelligence to provide farmers with irrigation decision support solutions. Their in-field sensor, developed at the University of California, Davis, measures Actual Evapotranspiration (i.e., the water use of a farm field). The company’s customers include the winemakers who tend to coastal California’s most prized vineyards to the agronomists who farm thousands of acres of tree crops in California’s inland valleys. combines proprietary technology, agronomic expertise, and artificial intelligence to provide farmers with irrigation decision support solutions.
Led by CEO Tomer Tzach, CropX provides a system that offers its users real-time mobile and desktop insights and advice on irrigation, disease control, nutrient management and more, based on above-ground crop sensing data and below-ground soil monitoring. Tule brings a complementary new mode of data collection from above the plant canopy that precisely determines crop water use, which will enhance CropX’s artificial intelligence predictions, recommendations, and automations, and add to its solutions for drip-irrigated specialty crops such as tree-nuts and vineyards.
This is the fourth acquisition CropX has made since 2020 and the second US-based company. They acquired Nebraska-based CropMetrics in the first quarter (Q1) of 2020, New Zealand-based Regen in Q4 of 2020, and Netherlands-based Dacom Farm Intelligence in Q3 2021.
FinSMEs
31/01/2023