AgTech Platform Taranis Raises $7.5M
May 4, 2017 | Taranis, an Israeli precision agriculture intelligence platform, today announced it has closed a $7.5 million Series A round of financing led by Finistere Ventures, an AgTech venture pioneer, and Vertex Ventures. Existing investors, Eshbol Investments, Mindset Ventures, OurCrowd, and angel investor Eyal Gura, also joined the round. With $9.5 million in total funding to date, Taranis aims to lead the digital farming revolution by giving farmers around the globe the ability to predict and prevent detrimental threats to their crops—and bottom line. Founded in 2014 by Eli Bukchin, Ayal Karmi, and Ofir Schlam, Taranis uses deep learning on proprietary data sets that includes sub-mm aerial imagery, field sensors, satellite imagery, weather forecast and data from its field scouting app to predict and prevent crop disease and pest losses thereby helping farmers increase their yields and cut costs.