FieldIn Raises $4 Million
FieldIn has closed $4 million in funding, co-led by Gal Ventures and Germin8 Ventures, along with participation of early investors such as Terra Ventures. Additional participants in the round include prominent international angels and the Israel Innovation Authority, formerly known as the Office of the Chief Scientist of Israel’s Ministry of Economy.
FieldIn’s goal is to disrupt the $65-billion agricultural pesticide market using IoT devices connected to its powerful analytics platform. The company plans to provide growers with unprecedented control over their farming operations, while constructing the largest agricultural pesticide dataset in existence. During the past two years, FieldIn has successfully monitored more than one million sprayed acres in real-time and has discovered that more than 25 percent of sprays were performed with consequential errors.