VC Fund Investments
IoT-enabled agritech platform CultYvate raises Rs.4.5-Cr led by Sirius One Capital Fund
Bangalore-based IoT-enabled agritech platform CultYvate has raised INR 4.5 crore in a pre-Series A round, led by Sirius One Capital Fund, alongside other investors including Sunicon, The Chennai Angels, LV Angel Fund, and Prodapt Technology Holding. The startup will use the proceeds towards refining the technology to make the services more accessible, affordable and simpler. It would expand presence in Punjab, Haryana and Maharashtra, besides acquiring talent for developing AI, ML and remote sensing. CultYvate assists farmers in using less water for farming without compromising on the yield.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
