Key Takeaways
- CropX Technologies, a leader in digital agricultural solutions, has appointed Spencer Swayze to its Board of Directors.
- Swayze brings extensive experience in investment management, strategic planning, and business development within the agribusiness and natural resources sectors.
- He previously served as Managing Director at Paine Schwartz Partners, focusing on sustainable food sector investments, and has held board positions at organizations including AgBiome and Hendrix Genetics.
- CropX completed a $30 million Series C funding round in 2023 and has acquired five ag tech companies since 2020.
- Swayze’s expertise will support CropX’s mission to enhance sustainable agriculture and expand its market presence.
Spencer Swayze Joins CropX Board
CropX Technologies has announced the appointment of Spencer Swayze to its Board of Directors. Swayze’s background in agribusiness investment and strategic growth is expected to bolster the company’s efforts to drive innovation in digital farming solutions.
“We are thrilled to welcome Spencer Swayze to our board,” said Tomer Tzach, CEO of CropX. “His extensive experience in investment management, coupled with his deep understanding of the agribusiness sector, will be invaluable as we continue to innovate and expand our solutions and markets for sustainable agriculture.”
A Distinguished Career in Agribusiness
Swayze brings decades of experience to the CropX Board, including his recent role as Managing Director at Paine Schwartz Partners, where he focused on private equity investments in the sustainable food sector. He has also served on the boards of several agribusiness organizations, including:
- Hendrix Genetics
- Axiota Animal Health
- AgBiTech
- AgBiome
Earlier in his career, Swayze led natural resources investment activities at the University of Texas Investment Management Company (UTIMCO), overseeing agribusiness and infrastructure private equity. He also served as Vice President of Business Development at Ceres, Inc., an agricultural biotech seed company.
Swayze holds an MBA from the University of Texas at Austin McCombs School of Business and a BBA from Oklahoma State University.
Supporting CropX’s Vision for Sustainable Agriculture
Swayze’s appointment comes as CropX continues its growth trajectory. In 2023, the company completed a $30 million Series C funding round and has acquired and integrated five ag tech companies since 2020.
“Spencer’s strategic insights and leadership will undoubtedly contribute to CropX’s mission of enhancing farming productivity and environmental stewardship through digital farming solutions,” said Ervin Leibovici, Chairman of the CropX Board of Directors.
Swayze expressed enthusiasm about joining the team. “I am honored to join the Board of Directors at CropX, a company that is defying the odds and has significant organic and inorganic growth opportunities in its sights. I look forward to supporting the company’s growth and helping drive forward its vision of creating sustainable and efficient farming solutions,” he said.
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