Arable Raises $20M to Digitize Agriculture and Optimize the Food System
10/29/20, 3:50 PM
Location
san franciscoMoney raised
$20 million
Industry
information technology
farming
analytics
Arable, the pioneer in data solutions for agriculture, has just successfully closed a $20M Series B to help digitize and optimize decisions from seed breeding to food production. The round is led by Prelude Ventures, and includes new participation by M2O, AVG’s Nassau Street Ventures, and Tridon, as well as investment from Arable’s existing investors including S2G Ventures, Middleland Capital, Ajax Strategies, and Chase Field. Mark Cupta, Managing Director at Prelude, is joining Arable’s board.
Company Info
Location
51 federal street
san francisco, california, united states
Additional Info
Arable helps the most innovative companies in agriculture to optimize decisions and understand crop outcomes through better data. The company’s integrated hardware, agronomic modeling, and software suite enables farmers, agronomists, researchers, processors, and food companies to understand the full crop system at the plant, field, and regional level, which helps to reduce risk, improve productivity, and optimize for sustainability.
Arable continues to receive several recognitions, including the 2021 AgTech Breakthrough IoT Solution of the Year, THRIVE’s Top 50 Companies for 2020, Plug & Play’s Top 10 Ag Tech Companies to Watch in 2019, and the Irrigation Association’s Best New Product of 2018. Based in San Francisco, the Arable team is led by former Climate Corporation executive Jim Ethington, and brings a diverse set of experience across crop modeling, IoT, data science, software engineering, and farm management.
For more information on Arable’s solutions, visit arable.com.
To see how they’re building the team, view Arable’s open positions at arable.com/careers.