Agritask Secures $26 Million in Series B  

by Kay Aloha Villamor in February 4th, 2022

Agritask, a Tel Aviv, Israel-based open SaaS agronomic intelligence (AgI) platform, powering solutions for the Food & Beverage industry and the wider agri-food ecosystem, secured $26 million in Series B funding.

The round was led by Liechtenstein Group and joined by Bridges Israel impact investment fund and Smart Agro Fund, as well as existing investors including The Insuresilience Investment Fund. 

The company will use the funding to accelerate the development of innovative products, scale up sales and marketing operations worldwide, and attract and onboard key talent to join its international team.

Company: AgriTask Ltd.

Raised: $26.0M

Round: Series B 

Funding Month: February 2022

Lead Investors: Liechtenstein Group

Additional Investors: Bridges Israel impact investment fund, Smart Agro Fund, and Insuresilience Investment Fund

Company Website: https://start.agritask.com/

Software Category: open SaaS Agronomic Intelligence (AgI) Platform

About the Company: Agritask is an open SaaS Agronomic Intelligence (AgI) Platform, powering solutions for the Food & Beverage industry and the wider agri-food ecosystem. Agritask's platform provides the Food & Beverage industry with actionable agronomic intelligence. Agritask monitors over 50 different crop types across more than 2 million hectares of land across 35+ countries worldwide. Agritask is used in more than 30 countries, by agricultural businesses of all types: large-scale growers, multi-farm corporations, private equities, ag-buyers, food conglomerates, ag-financing, and insurance companies, as well as governments and NGOs. Agritask is headquartered in Tel Aviv and employs 70 people worldwide with offices in Brazil and Bulgaria.

Source: https://www.prnewswire.com/il/news-releases/agritask-raises-26m-series-b-funding-led-by-liechtenstein-group-301474039.html

 

 


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