EarthOptics, a Raleigh, North Carolina-based cloud-based machine learning platform for soil and ground management, raised $10.3 million in Series A.
The round was led by Leaps by Bayer, joined by new investors S2G Ventures and previous investors FHB Ventures, Middleland Capital’s VTC Ventures, and Route 66 Ventures.
This funding will enable EarthOptics to further grow and expand across more farmland with its patent-pending soil mapping and machine learning technologies.
Company: GroundTruth Ag Inc.
Raised: $10.3M
Round: Series A
Funding Month: September 2021
Lead Investors: Leaps by Bayer
Additional Investors: S2G Ventures, FHB Ventures, Middleland Capital’s VTC Ventures, and Route 66 Ventures.
Company Website: https://earthoptics.com/
Software Category: Soil and ground management
About the Company: EarthOptics is building a global soil cloud for more sustainable agricultural management. We create intelligent technology that provides revolutionary insights into soil health and management. EarthOptics aims to transform soil measurement and analysis approaches to give farmers the most accurate view of soil health, compaction, and carbon content. This will provide farmers with a greater return on investment, promote more active participation in the growing carbon market and increase their abilities to generate a climate-positive impact.
Source: https://seedworld.com/earthoptics-raises-10-3-million-in-series-a-funding/