Precision farming startup Taranis raised $20M in a Series B round led by Viola Ventures for its crop monitoring tech
Taranis, an AgTech startup that uses aerial scouting and deep learning to identify potential crop issues, announced today that it has raised a $20 million Series B led by Viola Ventures. Existing investors Nutrien (one of the world’s largest fertilizer producers), Wilbur-Ellis venture capital arm Cavallo Ventures and Sumitomo Corporation Europe also participated.
Tel Aviv-based Taranis says its aerial imaging technology, carried on high-speed drones or manned aircraft, is currently used by farms in Argentina, Brazil, Russia, Ukraine and the United States. It plans to expand into more countries with this round of funding, including Australia.