Arable Raises $20M to Digitize Agriculture and Optimize the Food System
Oct 29, 2020•almost 5 years ago
Amount Raised
$20 Million
Description
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.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech