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Chrysalabs Secures Ca $15 Million ($11 Million) Series A Funding To Increase Instant Access To Reliable And Low-Cost Soil Insights, Including Carbon Verification

PRIVATEMay 10, 2023

Amount Raised

$15 Million

Round Type

Series A

MontrealInformation TechnologyAgriculture and FarmingSoftwareArtificial IntelligenceAnalyticsMachine Learning

Investors

Koan CapitalAqcAnges QuébecEmmertechEcofuelBDC CapitalTelus VenturesLeaps By Bayer

Description

ChrysaLabs, a leading innovator at the forefront of soil science, announced today a 15 million Canadian dollar ($11 million) financing round, including investments from Leaps by Bayer, TELUS Ventures and BDC Capital. Existing investors Ecofuel, Emmertech, Anges Québec, AQC and Koan Capital are also participating in this financing.

Quick answer

ChrysaLabs raised $15 Million in a Series A round, dated May 10, 2023. Investors: Koan Capital, Aqc, Anges Québec, Emmertech, Ecofuel, BDC Capital, Telus Ventures and Leaps By Bayer. ChrysaLabs is based in Montreal, Quebec, Canada.

How much did ChrysaLabs raise?
ChrysaLabs raised $15 Million in a Series A round on May 10, 2023.
Who invested in ChrysaLabs?
Koan Capital, Aqc, Anges Québec, Emmertech, Ecofuel, BDC Capital, Telus Ventures and Leaps By Bayer are named as investors in this round.
What does ChrysaLabs do?
Better soil intelligence for better decisions.
Where is ChrysaLabs based and how big is it?
ChrysaLabs is based in Montreal, Quebec, Canada.
Who are the decision-makers at ChrysaLabs?
Fundz holds 1 contact at ChrysaLabs. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Agriculture and Farming and Analytics around the same time

Companies in the same sectors as ChrysaLabs that raised within 45 days of this round, from Fundz verified event records.

  • Cyware raised $28M on June 21, 2023.
  • Spectrm raised $6.5M (Funding Round) on June 6, 2023.
  • Instabase raised $45M on June 6, 2023.
  • Incentivio raised $10M (Funding Round) on May 17, 2023.
  • Incentivio raised $15M on May 12, 2023.
  • ControlRooms.ai raised $10M on May 12, 2023.

Who to call at ChrysaLabs, and when

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Company Information

Company

ChrysaLabs

Location

Montreal, Quebec, Canada

About

Better soil intelligence for better decisions. ChrysaLabs is a fast-growing ag tech company at the intersection of agriculture and science. We believe that fast and accurate soil data are key components of precision ag. ChrysaLabs' unique solution uses Cloud computing, Artificial Intelligence, and machine learning to extract real-time data from its patented spectroscopy technology providing precious information within seconds, and allowing field managers to take the best actions minutes after sampling. Our technology enables producers and agronomists to sample the soil as many times as they want: more data leads to more precise actions, higher yield, and optimized costs.

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Fundz sees it the moment ChrysaLabs raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

ChrysaLabs raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.