SupPlant is a pioneering startup in the agricultural IoT sector, aiming to revolutionize traditional irrigation practices using AI-driven precision. The company's slogan "Innovating irrigation with AI-driven precision to conserve water and enhance crop productivity globally" encapsulates its core mission of water conservation and agricultural productivity enhancement. Since its establishment in 2012, SupPlant has been committed to leveraging advanced technology to address the pressing global need for sustainable water usage in agriculture. Through its groundbreaking technology, SupPlant has developed an advanced AI system capable of interpreting sensor data from crops and converting it into precise irrigation instructions. This innovation has the potential to lead to significant global water savings and improved agricultural productivity. The recent $10.83M Series C investment on 30 March 2023 from Red Dot Capital demonstrates the confidence of investors in SupPlant's vision and capabilities. The focus of SupPlant on leveraging AI to optimize irrigation practices not only aligns with the growing demand for sustainable agricultural solutions but also positions the company as a key player in the global effort to address water scarcity. With its innovative approach and solid backing from investors, SupPlant appears well-positioned to continue making a meaningful impact in the agriculture industry by promoting water conservation and enhancing crop productivity on a global scale.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series C | $10.83M | 1 | 30 Mar 2023 | |
Venture Round | $27.00M | 6 | Smart Agro, Deshpande Foundation | 14 Mar 2022 |
Venture Round | $10.00M | 4 | Smart Agro | 13 Jun 2021 |
Grant | $2.00M | 1 | National Center for Research & Development | 06 Jan 2021 |
Venture Round | $3.00M | 1 | 10 Aug 2018 |
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