Planet Labs, which operates the largest fleet of earth-imaging satellites, has announced the first closing of their $70 million Series C, with continued backing from some of the biggest VCs in Silicon Valley including the Data Collective, Yuri Milner, DFJ, Capricorn, OATV, Founder Fund, Felicis Ventures, First Round, AME Cloud Ventures, Industry Ventures, Innovation Endeavors, Lux Capital, Ray Rothrock (Venrock GP).
Ceres Imaging captures aerial imagery for agriculture using proprietary sensors that are attached to fixed wing aircraft and then analyzed for farmers.
The potential for drones to revolutionize agriculture reached fever pitch in 2015, but there were soon signs that the technology may have been overhyped. Step-in the next generation of drone tech startups hoping to resolve the main painpoints.
The year's first exit came from Observant, an early agtech pioneer in the precision water management space. Jain Irrigation acquired the Australian company.
TerrAvion takes hundreds of low-altitude flights to capture bird’s-eye views of farms and raised funding from Silicon Valley venture capital firms.
Geosys' Matthieu Hyrien explains four key concepts in remote sensing in agriculture from a recently released a whitepaper on the topic.