Ceres Imaging gets $25M to intelligently scan crops from above

INSUBCONTINENT EXCLUSIVE:
Agtech startup Ceres Imaging, which uses computer vision and spectral imaging tech to deliver insights about crops to farmers, has closed a
new round of funding.The Oakland-based company has pulled in a $25 million round led by Insight Venture Partners, with participation from
Romulus Capital
While those crops may be lower margin by nature, they offer a big opportunity when it comes to scaling up their operations and tackling
airplanes to carry the substantial proprietary equipment and gather the imagery data in a less automated capacity.This data goes beyond
naked eye imagery, gathering spectral data that can deliver insights into the water and nutrient content of the crops
This data identifies early warning signs for damage and ultimately gives customers in the U.S
and Australia insights on how best to fertilize, water and apply pesticides to their crop, the company says.