FarmShots
Detects diseases, pests, and poor plant nutrition on farms by analyzing satellite and drone imagery.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| investor investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
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FarmShots Inc. operates as a software-as-a-service (SaaS) provider, delivering an analytics suite for precision agriculture centered on satellite and drone imagery. The company was established in 2014 in Durham, North Carolina. A significant milestone occurred in February 2018 when the agricultural science and technology firm Syngenta acquired FarmShots for an undisclosed amount. Prior to this, FarmShots had secured $1.1 million in a seed funding round in September 2016.
The core of FarmShots' business is providing high-resolution satellite imagery to detect and analyze plant health. By assessing how fields absorb light, the platform identifies variations in crop health, enabling farmers, agronomists, and retailers to pinpoint issues such as nutrient deficiencies, diseases, pests, and environmental damage. This technology is designed to make scouting fields more efficient, potentially reducing the time spent by up to 90 percent and allowing users to concentrate on areas that require immediate attention. The service helps create prescription maps for targeted input applications, optimizing the use of resources.
FarmShots serves a clientele of farmers and their advisors. Its platform is engineered to be user-friendly and accessible on multiple devices, including smartphones, tablets, and computers, through a web-based application. The data generated can be exported to other agricultural software, offering flexibility in how growers manage their secure data. Following its acquisition, FarmShots was integrated into Syngenta's AgriEdge Excelsior farm management system, a key component of Syngenta's broader digital agriculture portfolio aimed at a global market. The acquisition was driven not only by the technology but also by the expertise of the FarmShots team, who were brought in to support further development and global deployment of digital solutions within Syngenta.
Keywords: precision agriculture, satellite imagery, crop monitoring, farm management software, AgTech, plant health analysis, remote sensing, variable rate application, digital farming, crop scouting, agricultural analytics, drone imagery, Syngenta Digital, AgriEdge, agricultural data, farm productivity, crop diagnostics, pest detection, nutrient management, environmental damage detection