CropSafe Raises $3M in Seed Funding to Support Farmers Globally
by Startacus Admin
CropSafe, a platform revolutionizing the future of farming, announce that they have raised over $3M in seed funding and have opened U.S. headquarters in Los Angeles.
Founded in 2018 by John McElhone and Micheál McLaughlin, CropSafe allows farmers to create alerts and enable real-time modules from their marketplace to monitor the condition, health, and weather on their farm, which is monitored remotely through CropSafe’s network of global weather stations and orbital satellites. CropSafe helps growers take action on data, rather than leaving the complex job of interpretation to farmers.
We have highlighted some of their early successes previously so we're delighted to report on this latest news!
Venture Capital firm Elefund led the fundraise, with participation from Foundation Capital, Global Founders Capital, V1.VC and Great Oaks Capital. Angel investors in this round of funding included Cory Levy, Josh Browder, and former head of strategy at Microsoft, Charlie Songhurst. We're huge fans of this innovative startup and have featured some of their success before
John McElhone, Co-founder and CEO said “Growing up on farms in Ireland, Micheál and I saw how farmers were having trouble integrating new technologies. Reading thousands of data points, satellite imagery, and financial records every day to maintain a profitable farm isn’t ideal. CropSafe acts as an interpretation engine, making sense of millions of data points daily from the likes of satellite data from NASA, or weather stations across the globe. Our platform does all the interpretation - without farmers needing to open a single spreadsheet.”
“We built the first version of CropSafe while in high school which we initially bootstrapped with our own funds to help our own family farms and neighbors. With our new investors and partners, we’re excited to roll out CropSafe to even more farms here in the U.S and around the world.”
Nathan Rodland, GP at Elefund, who led the funding round for CropSafe added, “John and Micheál make an incredible set of young founders in the agtech space. Their families have been in farming for generations, and they care deeply about easing the burden on today’s farmers by helping them harness the power of real-time data in simple, actionable ways through the CropSafe operating system.”
CropSafe plans to use the seed funding momentum to accelerate growth in the U.S. and expand its teams across software engineering, product management, and design.
We're huge fans of this innovative startup and have highlighted some of their early successes previously and we're pretty sure that we'll be some of their success before
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
The lowdown on Manchester-based startup Sticky and its innovative no-code solution to help businesses turn any physical space into an engagement opportunity.
Tobin Capital continues to expand its portfolio by investing in pop-up marketplace Sook, the startup on a mission to revolutionise the high street.
Sodexo and L Marks open call for applications from innovative startups and scaleups to join their inaugural Sodexo Healthcare and Seniors Accelerator.
The group payments solution that's better for businesses and customers alike, thanks to innovative fintech startup Hands In.
The lowdown on FuturePlus, the startup that's on a mission to make sustainability accessible, achievable and affordable for all businesses.
.jpg)
John McLachlan, author and co-founder of Monkey Puzzle Training & Consultancy examines the differences between action-oriented and reflective leaders and which approach is best.
The fitness app that's not just about physical fitness; GoJoe helps employers to engage, motivate and connect their people across all pillars of wellbeing.
Now in its fifth year, North West England water firm United Utilities opens call for Innovation Lab, its pioneering ideas incubation programme.
Not-for-profit OneTech has spunout from Capital Enterprise to expand its offering and continue its mission of creating a more equitable, diverse and supported startup ecosystem.
London-based startup Deep Render tackles the internet’s data and bandwidth challenges via its innovative AI-powered file compression technology.
Published on: 23rd May 2022
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Startup Sook Receives Investment from Tobin Capital 24th May 2023 Tobin Capital continues to expand its portfolio by investing in pop-up marketplace Sook, the startup on a mission to revolutionise the high street.
- L Marks Seeking Startups and Scaleups for Sodexo Healthcare and Seniors Accelerator 23rd May 2023 Sodexo and L Marks open call for applications from innovative startups and scaleups to join their inaugural Sodexo Healthcare and Seniors Accelerator.
- United Utilities Innovation Lab launches call-out for innovative ideas for fifth programme 18th May 2023 Now in its fifth year, North West England water firm United Utilities opens call for Innovation Lab, its pioneering ideas incubation programme.
- OneTech Spins Out from Capital Enterprise to Support Underserved Communities in Tech Across the UK 18th May 2023 Not-for-profit OneTech has spunout from Capital Enterprise to expand its offering and continue its mission of creating a more equitable, diverse and supported startup ecosystem.
