{"id":63566,"date":"2018-11-21T19:49:06","date_gmt":"2018-11-21T11:49:06","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/cropin-raises-8-million-to-develop-new-agriculture-technology\/"},"modified":"2018-11-21T19:49:06","modified_gmt":"2018-11-21T11:49:06","slug":"cropin-raises-8-million-to-develop-new-agriculture-technology","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/cropin-raises-8-million-to-develop-new-agriculture-technology\/","title":{"rendered":"CropIn Raises $8 Million to Develop New Agriculture Technology"},"content":{"rendered":"<\/p>\n<p><strong>CropIn Technology Solutions<\/strong>, an agriculture technology startup, has raised $8 million (INR 58 crores) in a Series B financing from <strong>Chiratae Ventures<\/strong> and the <strong>Bill &amp; Melinda Gates Foundation Strategic Investment Fund<\/strong> (London and Seattle). The financing will scale CropIn\u2019s SmartFarm technology platform in India and globally to expand its reach from 3 million acres across 2 million farmers to more than 10 million actively monitored acres across 7 million farmers.<\/p>\n<p>The company plans to use this additional funding to expand its Machine-Learning (ML)-based SmartRisk platform to achieve better plot-level crop detection and yield prediction. The SmartRisk platform utilizes high-resolution satellite imagery, which forms the foundation of machine learning.<\/p>\n<p>CropIn aims to provide near-real-time actionable insights to agriculture processors, distributors, inputs providers, lenders, and insurers through its connector Application Program Interface (APIs).&nbsp;With this investment, CropIn has raised a total funding of $12 million from investors including Singapore-based venture capital firm <strong>Beenext<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CropIn Technology Solutions, an agriculture technology startup, has raised $8 million (INR 58 crores) in a Series B financing from Chiratae Ventures and the Bill &amp; Melinda Gates Foundation Strategic Investment Fund (London and Seattle). The financing will scale CropIn\u2019s SmartFarm technology platform in India and globally to expand its reach from 3 million acres [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":62434,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-63566","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/63566"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=63566"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/63566\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/62434"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=63566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=63566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=63566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}