Taranis Raises $40 Million Series D to Advance Crop Intelligence and Unlock Growth Opportunities for Agribusinesses
WESTFIELD, Ind. and TEL AVIV, Israel, Sept. 7, 2022 /PRNewswire/ -- Taranis, the leading AI-powered crop intelligence provider, announced today that it has raised $40 million in Series D funding. The round was led by Inven Capital, a European climate tech fund, with participation from new investors Seraphim Space Investment Trust ('SSIT') and Farglory Group, and strong backing from existing investors: Vertex Growth, Viola Ventures, Vertex Ventures Israel, La Maison Partners, Hitachi Ventures, K3 Ventures, UMC Capital, OurCrowd, Micron Ventures, iAngels Ventures, Presidio Ventures (Sumitomo), Cavallo Ventures (Wilbur Ellis), Finistere Ventures, and Eyal Gura. This latest round brings Taranis' total funding to $100 million.
- and TEL AVIV, Israel, Sept. 7, 2022 /PRNewswire/ -- Taranis, the leading AI-powered crop intelligence provider, announced today that it has raised $40 million in Series D funding.
- Taranis' crop intelligence platform uniquely leverages leaf-level imagery and is powered by cutting-edge machine learning, trained by the industry's largest crop dataset containing over 200 million AI-data points.
- Technologies that facilitate crop intelligence and agricultural carbon credits such as Taranis' solutions have large-scale potential to improve sustainability and enduring prosperity.
- It primarily focuses on later-stage growth investment opportunities with a sound business model proven by realized revenues and long-term growth potential.