Source.ag, a startup that helps commercial greenhouses optimize their yield via AI models, raised a $23M Series A.
The company plans to use the funds to continue developing its SourceTrack software and R&D.
Source claims the optimal conditions could generate 15x more yield for commercial growers.
- The startup's AI recommends strategies based on simulating the balance between plant growth and resource usage.
- The round was led by recurring investor Astanor Ventures, with participation from Acre Venture Partners.
- Previous investors include the E14 Fund, Agro Care, and the Honest House Cooperative.