Neatleaf, a Santa Cruz, CA-based provider of a cultivation management platform, raised $4M in funding.
The round was led by AgFunder. Tom Shields, a Partner at AgFunder, is joining the Neatleaf Board of Directors.
The company intends to use the funds to expand operations and its business reach.
Led by Founder and CEO Elmar Mair, Neatleaf provides a cultivation management platform that uses data, AI, and robotics. Its flagship product, the Neatleaf Spyder, is a fully autonomous robotic platform that scans indoor cultivation crops generating millions of data points on plant health and growth metrics. This data is analyzed and turned into actionable insights for the cultivation team to assess, monitor, and remedy. Neatleaf technology has been developed over the last several years to detect plant issues even before the human eye can detect them. The Spyder looks at every plant multiple times and can “go back in time” to show when a problem began. Data analytics can compare growth conditions across multiple growth cycles as well as across facilities which is crucial for crop steering and planning. With remote monitoring, growers can save travel costs and optimize an often overworked staff.
With offices in the San Francisco Bay Area and Munich, Germany, it brings together a multidisciplinary and diverse group of professionals from some technology companies and research institutions.
FinSMEs
23/01/2024