AgShift is an AI-based food technology startup based out of Silicon Valley, California, founded in 2016. The company's mission, as reflected in its slogan "Advancing food through technology", is to design the world's most advanced autonomous food inspection system. AgShift's software utilizes patented Deep Learning models and Computer Vision to enable autonomous, consistent, and standardized food inspections at scale, thereby empowering the world's largest food organizations to reduce global food loss and waste. The management and advisory team at AgShift comprises entrepreneurs, technologists, and thought leaders with decades of experience in the agriculture and technology industry. The company has been successful in raising $5 million in seed funding, with notable investors including Exfinity Venture Partners, CerraCap Ventures, and in the most recent Venture Round investment at 01 February 2023, KAUST Innovation Fund has also participated. AgShift operates within the Computer Vision, Information Technology, and Sustainability sectors, aiming to revolutionize the food industry through its innovative use of technology. With its unique approach and strong financial backing, AgShift has positioned itself as a promising player in the food technology space, addressing critical issues such as food loss and waste on a global scale.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | Unknown | 1 | 01 Feb 2023 | |
Non Equity Assistance | Unknown | 1 | Newchip Accelerator | 01 Nov 2020 |
Seed Round | $3.50M | 2 | 18 Apr 2019 | |
Venture Round | Unknown | 1 | 01 Jan 2019 | |
Seed Round | $1.50M | 1 | 18 Mar 2018 |
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