Koidra, an intelligent automation (IA) platform company based out of Seattle, Washington (U.S.), has raised USD$4.5 million in its seed round.
Koidra is focused on industrial IoT for agricultural and industrial applications. The company was founded by Kenneth Tran, a former principal applied scientist at Microsoft, with a mission to transform controlled-environment agriculture, and sustainable agriculture at large, using artificial intelligence of things technology.
Ospraie Ag Science (OAS) led this round of funding, with participation from Amritam Holdings, Cavallo Ventures, and Foothill Ventures.
Koidra delivers "decision intelligence" to their clients for improved operational decision making. The company’s autonomous greenhouse technology improves yield and reduces waste by combining physics, crop modeling and machine learning to transform controlled environment agriculture (CEA). The company states its IA technology augments greenhouse growers' abilities to monitor their growing environments and plants, delivers optimized climate decisions for the growing area, and improves yields over time.
Koidra is extending its core tech to improve operations in industrial IoT and real-time control applications, such as for machine and factory automation. The goal in each case is to eventually create autonomous greenhouses, farms and factories.
Read about automation in open-field applications in our feature 'Rise of the Machines', here.
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