FarmVisionAI, by Illumitex
FarmVisionAI, by Illumitex is a disruptive player in the digital horticulture space, leveraging cutting-edge technology to provide innovative solutions. Originally a product of Illumitex, a leading LED lighting company founded in 2005, FarmVisionAI transitioned into a pure computer vision artificial intelligence company in February 2020. This strategic pivot reflects the company's commitment to harnessing its extensive industry expertise in controlled environmental agriculture to deliver advanced horticulture solutions.
Based in the United States, FarmVisionAI operates at the intersection of agriculture, hardware, manufacturing, and energy efficiency, positioning itself as a frontrunner in the convergence of technology and sustainable farming practices.
The company secured a significant $4.00M Venture Round investment on 05 June 2017, with participation from notable investors including New Enterprise Associates and WP Global Partners. This injection of capital underscored confidence in FarmVisionAI's vision and potential, further validating their position as a promising prospect in the agri-tech sector.
FarmVisionAI, by Illumitex embodies the future of digital horticulture, aiming to revolutionize the industry by merging cutting-edge technologies with sustainable farming practices. With a track record of innovation and solid investor backing, the company is well-positioned to make a significant impact in the global agriculture landscape.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | $4.00M | 2 | 05 Jun 2017 | |
Series C | $16.00M | 6 | Morgan Creek Capital Management | 11 Aug 2015 |
Debt Financing | $3.99M | 7 | Morgan Creek Capital Management, DFJ Mercury | 14 Oct 2014 |
Venture Round | $2.07M | - | 11 Mar 2014 | |
Venture Round | $3.88M | - | 12 Apr 2013 |
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