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Israeli Digital Agricultural Co Taranis Raises $7.5M

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Friday, May 12th, 2017

Taranis aims to lead the digital farming revolution by giving farmers around the globe the ability to predict and prevent detrimental threats to their crops.

As reported in Globes:

Israeli digital agriculture company Taranis has closed a $7.5 million Series A round of financing led by Finistere Ventures, and Vertex Ventures. Existing investors, Eshbol Investments, Mindset Ventures, OurCrowd, and angel investor Eyal Gura, also joined the round. Taranis has developed a precision agriculture intelligence platform and aims to lead the digital farming revolution by giving farmers around the globe the ability to predict and prevent detrimental threats to their crops. The company has $9.5 million to date including the latest financing round.

Growing its acreage by 2,000% in one year and now managing millions of acres of farmland in the Argentina, Brazil, Israel, Russia and the United States, Taranis offers the first scalable, predictive analytics solution to predict crop threats and prevent them in any climate zone. Presenting precise information about fields, daily tasks, crop disease/pest and weather alerts based on its advanced forecasting and now-casting technologies, the proprietary Taranis deep learning platform helps large commercial farmers around the globe reduce costs, increase yield and speed farming decisions. With Taranis, farmers can minimize chemical and pesticide usage by pinpointing where and when they are needed – saving farmers money, while creating a more sustainable farming ecosystem. The Taranis platform currently monitors fields for critical crops such as soybeans, corn, wheat, cotton, sugar cane and potatoes.