AI-powered precision crop load management FruitScout Raises $4 Million in Seed Round  

by Kay Aloha Villamor in September 23rd, 2021

FruitScout, a Yakima, WA, USA-based, the world’s first mobile-based, AI-powered precision crop load management (PCLM) platform, announced $4 million in seed round funding.

The round was led by Bowery Capital and TFX Capital, with additional capital from SaaS Ventures, among others.

FruitScout will use the funds to expand its engineering, field service, and go-to-market teams.

Company: FruitScout

Raised: $4.0M

Round: Seed Round

Funding Month: September 2021

Lead Investors: Bowery Capital and TFX Capital

Additional Investors: SaaS Ventures

Company Website: http://www.fruitscout.ai/

Software Category: AI-powered precision crop load management (PCLM) platform

About the Company: Founded in 2019 in the apple orchards of Washington state and Chile, FruitScout is on a mission to make precision crop load management accessible to growers of crops around the world. PCLM has been proven to improve harvest quality, predictability, and profitability but previously suffered from a lack of cost-effective data gathering techniques. FruitScout solves this by combining phone-based data collection with its patented Fruit Recognition System to capture and process photos and generate the data that feeds the PCLM Dashboard. FruitScout’s PCLM Cloud platform replaces both traditional manually-intensive counting and sizing techniques and prohibitively expensive, specialized tractor- and drone-mounted cameras, making precision crop load management accessible to both industrial-scale and family growers for the first time. After a successful launch of the FruitScout precision crop load management SaaS offering in early 2021, the company will expand its team and support for new crops.

Source: https://www.einnews.com/pr_news/551973295/fruitscout-secures-4m-in-seed-funding-to-meet-growing-customer-demand-for-its-ai-powered-crop-load-management-offering


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