Ceres Imaging Secures $23M in Series C Funding to Fuel Development of AI in Agriculture  

by Kay Aloha Villamor in October 11th, 2021


Ceres Imaging, the precision farming provider that uses aerial imagery and data analytics to help growers improve their farming practices, raised $23 million in Series C funding with investments led by XTX Ventures and REMUS Capital, joined by Insight Partners and B37 Ventures.

With this new investment, Ceres Imaging will further expand its end-to-end solutions suite, supporting the development of more advanced AI applications that improve irrigation management practices and resource use efficiency at the farm level.

Company: Ceres Imaging, Inc

Raised: $23.0M

Round: Series C

Funding Month: September 2021

Lead Investors: XTX Ventures and REMUS Capital

Additional Investors: Insight Partners and B37 Ventures

Company Website: http://www.ceresimaging.net/

Software Category: Farm management solutions

About the Company: Founded in 2014, Ceres Imaging provides the science behind the precision farming revolution, powering more efficient farming operations in the Americas and APAC. Ceres Imaging builds farm management solutions that help agriculture stakeholders build more profitable, more sustainable operations. Through high-resolution aerial imagery and advanced analytics, Ceres Imaging helps growers detect issues quickly, measure solutions based on ROI, and take action with confidence. Backed by university-validated research, Ceres Imaging's team of experienced analysts, agronomists, and scientists develop the science behind the precision farming revolution. Cere’s imaging technology deploys real-time data via an innovative digital mobile interface that allows growers to quickly quantify patterns of crop stress and prioritize corrective actions.

Source: https://www.prnewswire.com/news-releases/ceres-imaging-secures-23m-in-series-c-funding-to-fuel-development-of-ai-in-agriculture-301387632.html

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