Neatleaf, a Santa Cruz, CA-based cultivation management platform, has secured $4 million in funding.
SaaS Investors
The round was led by AgFunder.
Founded in 2013, AgFunder is a venture capital investment firm based in San Francisco, California. The firm uses technology, media, and its global network to invest in and support transformational founders and technologies. The firm seeks to invest in agriculture technology and food technology sectors.
Neatleaf Use of Funds
The funding will be used to increase production and expand the delivery of Neatleaf's automation and AI benefits to more growers.
About Neatleaf
Founded in 2020, Neatleaf is a cultivation management platform that uses data, AI, and robotics to help the cultivation industry manage their crops and improve their yields. Its flagship product is the Neatleaf Spyder, an autonomous robotic platform designed for indoor cultivation. The Spyder scans crops, collecting millions of data points related to plant health and growth metrics. The gathered data is then analyzed and transformed into actionable insights for cultivation teams to assess, monitor, and address issues. The company’s mission is to enable cultivators to grow their crops in the most efficient and sustainable way.
Funding Details
Company: Neatleaf.com, Inc.
Raised: $4.0M
Round: Unknown
Funding Month: January 2024
Lead Investors: AgFunder
Additional Investors:
Company Website: https://www.neatleaf.com/
Software Category: Agriculture
Source: https://www.prnewswire.com/news-releases/neatleaf-secures-4m-in-funding-led-by-agfunder-to-fulfill-the-demand-for-ai-driven-cultivation-technology-302041633.html