FarmAnywhere
Funding Round Precision Ag Smart Farming

Newtree Impact Joins CropX Technologies’ Series C

CropX's Vision for the Future of Precision Agriculture. AgTech; AgriTech; Precision Farming

Key Takeaways:

  1. Strategic Investment: Newtree Impact, a Brussels-based impact investment firm, has joined CropX Technologies’ Series C funding round, emphasizing the global impact of CropX’s efficient farming solutions.
  2. Sustainable Farming: CropX Technologies offers a suite of connected digital technologies to enhance crop yield, optimize irrigation, and promote resource-efficient farming practices.
  3. Data-Driven Insights: CropX’s technology leverages data-driven insights, sensors, and advanced analytics to provide farmers with real-time information about soil conditions, moisture levels, and crop health.
  4. Previous Funding: CropX initially closed $30 million in Series C funding in April 2023, led by Aliaxis and other investors. The round was reopened to include Newtree Impact.
  5. Shared Vision: Both CropX and Newtree Impact prioritize sustainable practices and responsible resource management to combat climate change.

CropX Technologies, a global leader in digital solutions for agronomic farm management, announced that Newtree Impact has joined its Series C funding round. Newtree Impact is a Brussels-based impact investment firm fighting climate change through revolutionary agri-food technologies.

CropX’s Sustainable Solutions

CropX offers a comprehensive suite of connected digital technologies designed to enhance crop yield, optimize irrigation, and promote resource-efficient farming practices. The technology provides visibility and tracking of sustainability practices, leveraging data-driven insights, sensors, and advanced analytics. It offers farmers real-time information and agronomic advice about soil conditions, moisture levels, and crop health.

Funding Details and Previous Investors

CropX initially closed $30 million in Series C funding in April 2023. The round was led by Aliaxis and included other investors such as Edaphon, Finistere Ventures, NTT Finance Corporation, OurCrowd, Reinke Irrigation, Yair Shamir, and Victrix. The funding round was reopened to include Newtree Impact, emphasizing the shared vision for the future of agriculture that prioritizes sustainable practices.

A Shared Vision for Sustainable Agriculture

Newtree Impact’s investment in CropX reflects a shared vision for the future of agriculture that emphasizes sustainable practices and responsible resource management. “This partnership will enable us to empower farmers and improve food production worldwide for the planet’s greater good,” said Tomer Tzach, CEO of CropX Technologies.

Accelerating Precision Agriculture

With this investment, CropX aims to accelerate its efforts in making precision agriculture accessible to farmers worldwide. This will lead to more efficient resource use, increased crop yields, and a healthier planet.

Image provided by CropX

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