How much funding has Fermata raised?

Fermata has raised $10 million in total funding. Their latest funding round was Series A. Key investors include Raw Ventures, Massa Innovations, Microsoft AI for Good Accelerator.

Where is Fermata headquartered?

Fermata is headquartered in Tel Aviv, Israel. The company has a team of 11-50 people.

When was Fermata founded?

Fermata was founded in 2020. It is based in Tel Aviv, Israel.

How much funding has Fermata raised?

Fermata has raised $10 million in total funding. Key investors include Raw Ventures, Massa Innovations, Microsoft AI for Good Accelerator.

Who is the CEO of Fermata?

Valeria Kogan is the CEO of Fermata. The company was founded in 2020.

Where is Fermata located?

Fermata is headquartered in Tel Aviv, Israel.

What products does Fermata offer?

Fermata's key products include: Croptimus platform.

What funding stage is Fermata at?

Fermata is currently at the Growth Stage stage.

How many employees does Fermata have?

Fermata has approximately 11-50 employees.

Fermata

Category: AI in Agriculture

Fermata builds AI-powered decision support systems for precise plant monitoring in greenhouses and indoor farms utilizing computer vision analysis. Fermata was founded in 2020. The company is led by Valeria Kogan. Based in Tel Aviv, Israel. Team size: 11-50. Total funding raised: $10 million. Latest round: Series A. Key investors include Raw Ventures, Massa Innovations, Microsoft AI for Good Accelerator.

Founded: 2020
Headquarters: Tel Aviv, Israel
Team size: 11-50
Total funding: $10 million

Value proposition

Fermata's Croptimus platform automatically detects pests and diseases at their earliest stages, saving growers up to 30% on crop loss and 50% on scouting time.

Products and solutions

Croptimus platform

Unique value

Fermata combines industry-leading artificial intelligence with off-the-shelf digital camera technology to provide early detection of pests and diseases.

Target customer

Farmers and agricultural companies looking to optimize crop production and reduce losses.

Industries served

Agriculture, AgTech

Technology advantage

The company's AI and computer vision solutions allow for precise monitoring and early detection, reducing the need for pesticides and improving crop yields.

How they differentiate

Fermata differentiates itself by offering a comprehensive AI-powered platform that integrates seamlessly with existing agricultural practices, focusing on early detection and prevention.

Main competitors

Greeneye, SupPlant

Key partnerships

Bayer, Syngenta, Microsoft, NVIDIA, Wageningen University & Research (WUR), LetsGrow, Tomato World, Viscon Group (EVA Scoutr + Croptimus), Cultivatd, agRE.tech, yieldsApp

Notable customers

Ridge Farms (first Canadian greenhouse), H&A Mastronardi Farms, Bayer, Syngenta, Mariwell

Major milestones

Raised $10 million in Series A funding Recognized as AgriTech Startup of the Year 2023 by Food Tech Congress Collaboration with Wageningen University & Research (WUR) for greenhouse monitoring technology

Growth metrics

Deployments at 60+ greenhouses across 10+ countries (CA, NL, ES, IL, US, GR and beyond). Expanded beyond tomatoes into cucumbers, peppers, cannabis, ornamentals. Croptimus mobile browser app live. Aiming profitability around 2026 post-Series A.

Market positioning

Fermata is positioned as a leader in AI-driven agricultural solutions, particularly in the greenhouse and indoor farming sectors.

Geographic focus

Primarily focused on Canada and the Netherlands (tomato producers), with expansion efforts in North America and Europe.

Patents and IP

Fermata has filed 5 patents.

About Valeria Kogan

Valeria Kogan is a serial entrepreneur with a Ph.D. in bioinformatics. She is the founder and CEO of Fermata, an AgTech company that uses AI and computer vision for plant monitoring. She also co-founded Smartomica, a biotech firm that assists oncologists in diagnosing severe cancer. Valeria was recognized in Forbes' '30 Under 30' in 2022.

More AI in Agriculture companies

Official website: https://www.fermata.tech/