Food & AgricultureFunding

Agritech Startup SupPlant Closes USD 27 Mn Series A Funding Round

Tel Aviv-based startup making smart crop irrigation sensors, SupPlant has raised USD 27 Mn from several financial partners to help farmers fight climate change in Africa. The latest funding round was led by Red Dot Capital Partners with participation from Menomadin FoundationSmart-Agro Fund, Mivtah Shamir, Deshpande Foundation, PBFS, and Maor Investments.

SupPlant’s technology enables farmers to improve yields, productivity, and water use efficiency on a large scale. The technology combines data collected from soil, plant, and weather sensors to understand and identify the main parameters affecting the optimal performance of plants.

Source
WeeTracker

Nichole Manhire

Is the media and brand manager at GFA News. She works very closely with editors and podcasters that contribute to telling the African business success story. For marketing and advertising send Nichole an email: nichole@getfundedafrica.com

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