Ceres Imaging Scores $2.5M to Bring Machine Learning-powered Insights to Farmers

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Ceres Imaging Scores $2.5M to Bring Machine Learning-powered Insights to Farmers

Ceres Imaging announced that it has raised $2.5 million on top of a $5 million Series A round it closed in May.

The latest raise comes from Romulus Capital which led the startup’s previous bout of funding.

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Ceres Imaging has a fairly straightforward pitch. Pay for a low-flying plane to snap shots of your farm with spectral cameras and proprietary sensors, and soon after get delivered insights that can help farmers determine water and nutrient content at a plant-level while also gaining insights into problems ailing their crops like pest and disease.

Ceres Imaging CEO Ashwin Madgavkar founded the startup four years ago as a grad student at Stanford, where he saw a lot of cool applications for spectral cameras and wondered how they might help promote cleaner energy and more efficient resource usage.

The team started using spectral imaging cameras on high-intensity crops like vineyards and orchards, but the team is now diversifying as it brings its product to farms in California, Hawaii, the Midwest and Australia. The team has built solutions in their product line that learn about the crops and determines factors like water stress, chlorophyll content, canopy vigor, thermal analysis and plant counting and what the best ways to optimize are.

Read full article: Tech Crunch

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