Raw Ventures has led a $10 million funding round in Fermata, an Israeli AgTech startup focused on using AI and computer vision to enhance crop health monitoring and reduce wastage.
Information on the Target
Fermata, an innovative startup founded by bioinformatics expert Valeria Kogan, specializes in agricultural technology that enhances crop health monitoring. By employing advanced computer vision and artificial intelligence, Fermata enables farmers to detect pests and diseases at an early stage, thereby improving efficiency and reducing crop wastage.
The company’s technology utilizes standard cameras to continuously monitor crops in real time, diagnosing issues as they arise. This proactive approach not only minimizes pesticide usage but also contributes to environmental preservation by significantly cutting down on crop loss.
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Industry Overview in Israel
The agricultural sector in Israel is recognized for its technological advancements and innovative practices. With a focus on sustainable practices, Israel has become a hub for agricultural startups aimin
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Raw Ventures
invested in
Fermata
in 2023
in a Series A deal
Disclosed details
Transaction Size: $10M