Agritech company SeeTree has raised $17.5 million in Series C funding. This round was co-led HSBC Asset Management and EBRD (European Bank for Reconstruction and Development), as well as new investors OurCrowd and SmartAgro, and continued support from Hanaco Ventures (after leading the A round of the company), Mindest Ventures, TFK, Orbia Ventures, and SeeTree customer Citrosuco.
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With the funding round, the startup will be able to broaden its platform to include new crop varieties and increase its marketing, sales, and R&D endeavors in important regions such as North America, LATAM, Ukraine, and APAC, and will advance our goal of revolutionizing the industry even further
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“I would like to express our thanks and gratitude to our new investors and existing shareholders,” said SeeTree CEO Israel Talpaz. “Receiving their great support, especially in these challenging times, is a highly appreciated show of faith. It is exciting to see the digital and data transformation of farming happening with SeeTree’s product. Seeing thousands of field workers worldwide using their smartphones on a daily basis, while their managers make decisions and run their complex operations based on our platform, is the best reward possible. We are totally committed to continuing our journey, helping our customers and expanding our ‘Operating System for Trees’.”
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“Since our initial investment in SeeTree, we’ve witnessed the company’s progress in fulfilling its vision to become the holistic farmers’ management platform, facilitating the management of over 400 million trees worldwide,” said Pasha Romanovski, Founding Partner at Hanaco Ventures. Bruno Lusic, from EBRD’s Venture Capital team, added: “We are excited to support the team as it continues to revolutionize digital farming and precision agriculture.”
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About SeeTree
Founded in 2017, SeeTree offers you complete transparency into the health and production of each of your trees by leveraging the most powerful innovations available. An end-to-end Intelligence Network providing you visibility, monitoring, and actionable analytics to optimize your farming. SeeTree uses the power of machine-learning algorithms to get smarter, and offer you the most precise window into the strength of your trees.
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