Precision-farming startup Taranis bags US$30m in Series C round

With this technology, Taranis said it can also offer “precise, leaf-level diagnosis 20 times faster than the manual alternative, and with 20 times more data points scouted”, said Ofir Schlam, the startup's chief executive and co-founder.

The technology will also leverage a database of more than a million threat species to create accurate prescription plans to customise treatments and application rates, Taranis said. During a week-long pilot in Indonesia, the first entry into Asia for Taranis, the company demonstrated “best-in-class capabilities” in identifying specific pests and diseases, said M.X. Kuok, managing director of K3 Ventures.

“This will give them a higher degree of control over their crop yield than ever before, particularly relevant in Asia where the agriculture sector has a relatively lower yield per hectare compared to global benchmarks.”

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