Toronto-based AgTech startup, Vivid Machines, raised a $4.3M Seed round by BDC Capital Thrive Venture Fund.

 

Toronto-based AgTech startup, Vivid Machines, raised a $4.3M Seed round by BDC Capital Thrive Venture Fund.

 The company uses computer vision to provide real-time insights to crop growers and fruit marketers. 

  • Vivid Machine plans to use the funds to expand its system applications, including increasing the number of crops it analyzes.
  • The round included participation from Algoma Orchards, Tall Grass Ventures, StandUp Ventures, Entrepreneur First, and BoxOne Ventures, among others. 
  • Earlier this month, a similar company that analyzes crop lifecycles using AI, South Korea-based Green Labs, raised $38.4M in debt financing.

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