Key Takeaways
- Cooperative Ventures announces investment in agtech innovator Precision AI.
- Precision AI provides real-time, plant-level data through autonomous aerial systems.
- Funding round also includes Farm Credit Canada, The 51 Food and AgTech Fund, Green Spark Ventures, Fulcrum Global Capital, BDC Capital, and At One Ventures.
- Precision AI technology aims to enhance farm profitability and sustainability.
- Collaboration seeks to strengthen decision-making capabilities of North American farmers.
Cooperative Ventures Strengthens AgTech Portfolio with Investment in Precision AI
Cooperative Ventures, a joint initiative of farmer-owned cooperatives CHS and GROWMARK, announced its investment in Precision AI, an industry leader specializing in artificial intelligence-driven agricultural practices in the U.S. and Canada. The Series A investment round also included new investors Farm Credit Canada, The 51 Food and AgTech Fund, and Green Spark Ventures, alongside existing investors Fulcrum Global Capital, BDC Capital, and At One Ventures.
This strategic investment aligns with Cooperative Ventures’ commitment to fostering innovation and developing mutually beneficial relationships between agtech startups and cooperative partners.
Precision AI’s Innovative Approach to Agriculture
Precision AI employs advanced autonomous aerial systems that collect granular, plant-level data, enabling farmers and agronomists to make precise input decisions in real time. This data-driven approach helps farmers produce stronger, healthier crops while reducing inputs and boosting overall farm profitability.
Dan McCann, CEO of Precision AI, highlighted the value of the partnership, noting, “Our partnership with Cooperative Ventures provides us access to farmers throughout North America who can benefit from the real-world application of the data our technology generates. When farmers are equipped with data, they can make wiser choices about inputs that have the potential to reduce costs and boost plant health.”
Cooperative Ventures Sees Promise in Precision AI Technology
Heather Thompson, Executive Director of Enterprise Marketing at GROWMARK, emphasized the potential impact of Precision AI’s technology. “Cooperative Ventures believes Precision AI can refine a farmer’s decision-making capabilities in the field,” she said. “When farmers can be more precise with applying inputs, this leads to healthier plants and can increase overall farm profitability. As weeds increasingly become herbicide resistant, innovations like Precision AI will become vital.”
David Black, Executive Vice President and Chief Information Officer at CHS, echoed this perspective, stressing the importance of innovation in agriculture: “Today’s farmer is often challenged to do more with less. Innovative tools like Precision AI help equip our owners and customers to run their operations with a focus on efficiency and profitability.”
Expanding Impact Through AgTech Collaborations
Precision AI has significantly expanded its partner network throughout 2025, underscoring the growing recognition of AI-driven agricultural solutions. Cooperative Ventures’ involvement further enhances Precision AI’s reach and underscores the industry’s confidence in its technology’s transformative potential.
