Tech Company Financing Transactions
Croptix Funding Round
Croptix, based in State College, raised $3.5 million from Advancing Eco Agriculture, 1855 Capital and Ben Franklin Technology Partners.
Transaction Overview
Company Name
Announced On
6/15/2023
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the development and use of its patented in-field sensing technology.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
200 Innovation Blvd 234-1
State College, PA 16803
US
State College, PA 16803
US
Phone
Website
Email Address
Overview
At Croptix, we offer a cutting-edge precision agriculture platform that enables early detection of crop disease and nutrition deficiencies in the field. Our innovative technology empowers farmers to identify potential issues before they become visible to the naked eye, resulting in quicker, more efficient fine-tuning of crop nutrition compared to traditional laboratory testing methods. By harnessing the power of big data, we help farmers make informed decisions that boost crop performance and save valuable resources. Join us in revolutionizing the future of agriculture.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Perry Edwards
Chief Technical Officer
Zhiwen Liu
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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