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Semios Raises $100 Million In Capital To Expand Agtech Platform Globally

Sep 29, 2021•almost 4 years ago

Amount Raised

$100 Million

Vancouver

Description

Semios, a leading precision-farming platform and one of the world's largest independent agtech solutions providers, today announced it has raised $100 million in funding led by Morningside Group, a Boston-based private equity and venture capital firm committed to investing in socially responsible businesses. This funding will enable the agtech provider to accelerate its R&D and deployment of solutions to help growers worldwide reduce chemical inputs, better manage water, organize farming data and improve crop outcomes.

Company Information

Company

Semios

Location

Vancouver, Washington, United States

About

Founded in 2010, Vancouver-based Semios offers Precision Agriculture as a ServiceTM that started with real-time crop data and pest management tools for growers of tree fruit, nuts and other permanent crops. Leveraging a network of sensors that provide more than 500M data points measuring climate, soil moisture, insect and disease activity daily, we apply big data analytics and machine learning to reduce and mitigate crop risks for growers. Semios has been named to the Global Cleantech 100, an annual list of the 100 most innovative cleantech companies globally, and the Thrive Top 50, list of the 50 leading global AgTech companies. In 2021, Semios acquired Altrac, Centricity and Agworld to form one of the world's largest independent AgTech solutions providers. Learn more about Semios at www.semios.com.

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