Agtech startup Koidra raises $4.5M in seed funding to advance greenhouse cultivation and precision farming methods
The round was led by Ospraie Ag Science (OAS) with participation from Amritam Holdings, Cavallo Ventures and Foothill Ventures.
Founded by a team of Microsoft researchers, Koidra’s standalone solution “decisional intelligence”The platform uses a combination of artificial intelligence, math, and physics to turn real-time data into actionable decisions for greenhouse operators and other data-rich areas of the agricultural industry.
The technology can improve production efficiency, yields and reduce waste in controlled environment agriculture (CEA) facilities by monitoring the plant growth environment and providing climate decisions optimized for the growing area .
With this funding, Koidra plans to expand its core technology platform to improve operations in other areas such as machine and factory automation with the ultimate in creating greenhouses, farms and factories. fully autonomous.
Koidra has already built a client portfolio of some of the largest greenhouses and indoor farms in North America, which it plans to expand significantly over the next few years.
“Koidra is obsessed with upgrading core industries and making them sustainable. We are excited to partner with quality investors from the AgTech and DeepTech spheres. Their knowledge and collective industry relationships will add enormous value to the deployment of our products, and funding them will help Koidra advance our vision much faster,”said Kenneth Tran, CEO of Koidra.