Agritask Raises $26M for Global Agronomic Intelligence Expansion
Agritask, an open SaaS agronomic intelligence platform headquartered in Tel Aviv with offices in Brazil and Bulgaria, has raised $26 million in Series B funding. The company employs 70 people worldwide and serves agricultural businesses in over 30 countries.
Agritask's platform is used by various agricultural businesses, including large-scale growers, food conglomerates, and governments. It monitors over 50 different crop types across more than 2 million hectares of land across 35+ countries worldwide. The platform offers data analysis and visualisation services, targeted agritech solutions, and helps reduce costs and increase yields.
The funding round was led by Liechtenstein Group and joined by Bridges Israel impact investment fund, Smart Agro Fund, and existing investors including The Insuresilience Investment Fund. Agritask will use the funds to accelerate product development, scale sales and marketing, and hire key talent.
With the recent funding, Agritask is well-positioned to continue expanding its reach and improving global agricultural efficiency. The company's innovative platform and strong investor backing indicate a promising future in the agronomic intelligence sector.