IntelinAir, an Indianapolis, IN-based agtech startup which has developed an AI-driven crop intelligence software platform called AGMRI, closed $20 million in a Series B round of funding led by the Regulator Group.
The funding round also included participation from Scientia Ventures, Takiff LLC, SDMC Ag Inc., and various senior executives in the ag and AI industries.
The Company will use the funding to boost the development of the platform and add a small number of jobs.
Company: INTELINAIR, INC.
Round: Series B
Funding Month: September 2021
Lead Investors: The Regulator Group
Additional Investors: Scientia Ventures, Takiff LLC, SDMC Ag Inc., and various senior executives in the ag and AI industries
Company Website: http://www.intelinair.com/
Software Category: AI-driven crop intelligence software
About Company: Founded in 2015 and led by Al Eisaian, CEO, Intelinair is an automated crop intelligence company that leverages AI and machine learning to model crop performance and identify problems enabling farmers to make improved decisions. The company’s flagship product, AGMRI®, aggregates and analyzes data including high-resolution aerial, satellite, and drone imagery, equipment, weather, scouting, and more to deliver actionable Smart Alerts on specific problems in areas of fields as push notifications to farmers’ smartphones. The proactive alerts on operational issues allow farmers to intervene, rescue yield, capture learnings for the next session, and identify conservation opportunities for sustainable farming. The company also has an office in Champaign, Illinois.
Source: https://www.insideindianabusiness.com/story/44813809/intelinair-completes-dollar20m-funding-round https://www.finsmes.com/2021/09/intelinair-raises-20m-in-series-b-funding.html