VC Fund Investments
Agri-tech startup TartanSense raises $5-M from FMC, Omnivore and Blume Ventures
TartanSense, a Bangalore-based agri-tech startup which makes "small robots for small farms", has raised $5 million in a Series A funding round led by FMC Ventures and Omnivore with participation from existing investor Blume Ventures. Founded in 2015 by Jaisimha Rao, TartanSense builds small agricultural robots, equipped with artificial intelligence-assisted computer vision, to help small farms reduce their expenditures and improve their incomes. These small robots are affordable and their precise operations in all farming activities—from sowing to harvesting—bring down cultivation costs while improving crop yields. TartanSense aims to focus on cotton as well as several other crops with high cost of weeding.
From the Venture Intelligence PE-VC Deal Database: TartanSense had raised a $2.15 million seed round in March 2019 from Beenext,Omnivore Partners,Blume Ventures and Others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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