Croptix announces milestone investment
Agtech plant health startup Croptix announced the first close of their Series Seed round led by Advancing Eco Agriculture (AEA), with continued participation from 1855 Capital and Ben Franklin Technology Partners.
With this investment, Croptix will accelerate the development and use of its patented in-field sensing technology. This disruptive platform enables the detection of crop health faster and easier than legacy practices, resulting in improved crop quality and yield providing better financial returns for farmers.
“This investment round allows us to accelerate our development and market penetration efforts,” said Dr. Perry Edwards, Croptix co-founder and CEO. “We’re eager to add nutrient testing to our suite of solutions for in-field assessment of crop health to our customers.”
Croptix’s platform enables predictive, data-driven farming decisions. Patented in-field sensors, along with AI analytics, proprietary cloud-based data, and mobile app, provide rapid, actionable results for farmers. Croptix's initial solution has been beneficial for citrus growers to identify early indications of Huanglongbing (HLB) citrus greening, one of the most destructive citrus plant diseases in the world. With this new investment round, Croptix is accelerating its expansion into the larger nutrient segment while continuing to add to its disease detection solutions for growers of high-value permanent crops such as apples and grapes, in addition to citrus. With AEA as a strategic partner, Croptix will scale in-field testing across a broad range of crops, both in the United States and internationally.
AEA develops systems for regenerative agriculture, supporting large-scale farmers with agronomy expertise, technologies, and specialty plant nutrition products to monitor the soil and plant system’s performance and microbiome integrity.
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