Today's News |
Vancouver-based Semios Closes New Round of Financing
Monday, October 23, 2017Company Profile | Follow Company
Vancouver, BC, October 23, 2017--(T-Net)--Semios (SemiosBIO Technologies Inc. ), a precision farming technology company that delivers precision data and intelligence to growers for daily decision-making to increase crop value, has closed a new round of financing according to sources.
The amount of the new financing and the investors in this round have not yet been disclosed.
-------------------------------
Editor's Note: Semios previously closed an $8 million financing round with private equity individuals from the Agtech community, with assistance from Haywood Securities in April 2016.
-------------------------------
Dr. Michael Gilbert, Founder & CEO
Founded in 2010, Semios has grown to be the largest worldwide network of sensors and control devices in specialty crops. The Semios internet-of-things (IoT) solution provides real-time insights into risks associated with weather, pests, disease, frost and irrigation on a Software-as-a-Service (SaaS) basis.
Combining remote access to real-time field conditions and acre-by-acre metered delivery of inputs is the cornerstone of precision agriculture. Semios enables improved deployment of pheromones, frost prevention and optimization of irrigation schedules. These types of services help reduce risks, protect valuable crops and ultimately improve the grower's profitability.
This is a breaking story, and more details will follow as they become available.
About Semios
Founded in 2010, Semios is a precision farming technology company dedicated to reducing and mitigating crop risks for growers of tree fruits and tree nuts. We leverage our proprietary, internet of things (IoT) wireless network and big data analytics to help farmers manage insect pests, disease, weather and irrigation.
We improve sustainability by reducing the crop management inputs, including toxic pesticides, and we increase the profitability with bigger harvests at higher grades. Semios provides comprehensive in-field installation, service and support to enable growers to maximize results from the adoption of our system.
Other Recent Company News |
|||||||||||||||||||
|