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Soil Action raises $5.25M in Seed funding led by R7 Partners. The funds will support their AI-driven platform for real-time soil chemistry insights.

Aug 25, 20254 months ago

Amount Raised

$5.25 Million

Round Type

Seed

LaramieFarmingMachine LearningArtificial Intelligence

Investors

Ag Ventures AllianceThe University Of Wyoming FoundationPonderosa VenturesDolby Family VenturesClimactic VcR7 Partners

Description

Soil Action, a Laramie, WY-based agtech company, raised $5.25M in Seed funding. The round was led by R7 Partners, with participation from Climactic VC, Dolby Family Ventures, Ponderosa Ventures, The University of Wyoming Foundation, and Ag Ventures Alliance. The company intends to use the funds to support their innovative platform that combines AI and sensors for soil analysis. This technology allows farmers to receive real-time insights into soil health without the need for lab testing.

Company Information

Company

Soil Action

Location

Laramie, Wyoming, United States

About

Soil Action is an agtech company based in Laramie, WY, that provides a platform combining AI and sensors to deliver real-time soil chemistry insights. The company utilizes near-infrared spectroscopy and proprietary machine learning models to analyze soil nutrient dynamics without the need for laboratory testing. Led by CEO Nate Storey, Soil Action aims to revolutionize agricultural practices through innovative technology.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers