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Dr. Michael Gilbert, Founder and CEO, Semios

Semios Receives Support from Sustainable Development Technology Canada (SDTC) to Begin 3-year, $65M Project to Deliver Actionable Fertigation Recommendations for High Value Crops

Vancouver, BC, February 16, 2022--(T-Net)--Semios announced that it has received support from Sustainable Development Technology Canada (SDTC) to begin a major 3-year, $65 million project to deliver actionable fertigation recommendations for high value crops.

The support was part of SDTC's investment of $52.3 million in 16 ground-breaking Canadian companies. The investments will help Canada meet its 2030 climate objectives and achieve net-zero emissions by 2050, according to SDTC. Learn more about these companies here. 

Semios is a Vancouver, British Columbia, based company that is using data and machine learning to improve tree fruit and nut crops to use less water and reduce greenhouse gas emissions, and is receiving $17 million in scale-up funding to expand its operations.

Leah Lawrence, President and CEO, SDTC

"We are relentlessly focused on supporting our companies to grow and scale in an increasingly competitive marketplace. For an economy to be truly transformational all sectors must be highly innovative. We are proud of the diversity of the technologies we fund in solving some of the world's pressing environmental challenges." said Leah Lawrence, President and CEO of SDTC.

About Semios

Founded in 2010, Vancouver-based Semios offers Precision Agriculture as a Service that started with real-time crop data and pest management tools for growers of tree fruit, nuts and other permanent crops. Leveraging a network of sensors that provide more than 500M data points measuring climate, soil moisture, insect and disease activity daily, we apply big data analytics and machine learning to reduce and mitigate crop risks for growers. Semios has been named to the Global Cleantech 100, an annual list of the 100 most innovative cleantech companies globally, and the Thrive Top 50, list of the 50 leading global AgTech companies. In 2021, Semios acquired Altrac, Centricity and Agworld to form one of the world's largest independent AgTech solutions providers. Learn more about Semios at www.semios.com

About Sustainable Development Technology Canada (SDTC)

At Sustainable Development Technology Canada (SDTC), we fund Canadian cleantech projects and coach the companies that lead them as they move their ground-breaking technologies to market.