Fieldin, an AgTech startup, raised $30 million in a Series B funding round, led by Fortissimo Capital, with the participation of Zeev Ventures, Icon Ventures, Luxembourg-based Maor Investments, and Akkadian ventures.
Series B funders join early-stage investors Terra Ventures, Gal Ventures, Germin8, and Mindset, to scale Fieldin’s agricultural operating system. The close of Series B brings Fieldin’s total fundraising to $55 million.
Company: Agromentum Ltd.
Round: Series B
Funding Month: September 2021
Lead Investors: Fortissimo Capital
Additional Investors: Zeev Ventures, Icon Ventures, Luxembourg-based Maor Investments, Akkadian Ventures, Terra Ventures, Gal Ventures, Germin8, and Mindset
Company Website: https://www.fieldin.com/
Software Category: Farm management platform
About the Company: Fieldin was founded in 2013 by Boaz Bachar (CEO) and Iftach Birger (COO), both of whom have a family background in Israeli agriculture. The company has operations in San Jose and Fresno, California, an R&D center in Yoqneam, Israel, and an office in Mildura, Australia. Fieldin’s agricultural operating system (AgOS) empowers commercial farmers to adapt to a rapidly changing environment, using real-time data and performance management tools to digitize the operations of an industry that has been slow to embrace the technological revolution. The AgOS leverages machine learning and AI to provide custom recommendations for the management, of key work processes, supporting crop health and yields, improving sustainability, and boosting overall efficiency and profits. The Fieldin platform evaluates and manages the entire growing cycle from planning to execution, including equipment, workers, materials, and more. Sensors are installed on tractors, machines, and farm implements (such as sprayers, harvesters, and mowers), turning all operational equipment into ‘smart’ machines.