US-Israeli agtech Startup Fieldin Raises $30 Million in Series B Led by Fortissimo Capital

By Nicholas Say Nicholas Say has been verified by Muck Rack's editorial team
Published on September 5, 2021

Fieldin, a US-Israeli agtech Startup, has raised $30 million in Series B funding to continue automatic commercial farms around the globe.

The round was led by Fortissimo Capital and counted with participation from also Zeev Ventures, ICON Accelerator, Maor Investments, and Akkadian. The new funds bring the total investment received by the startup to $55 million. Yoav Hineman from Fortissimo Capital referred to the round by stating:

“The unprecedented challenges faced by commercial farming can be tackled not only by regulation but also through innovative companies that can move quickly to scale superior technologies. Fieldin is exactly that kind of company, and we chose to invest in order to help it spearhead the autonomous farming revolution.”

Fieldin’s Agricultural Operating System, or AgOS, helps commercial farmers adapt to rapid technological change, using real-time data and performance management tools to provide recommendations for managing workflows, supporting crop health and yield, improving sustainability, and enhancing profitability and efficiency.

The platform evaluates and manages the entire development cycle in detail, and it also analyzes data in real-time, aggregates, and generates dashboards to inform users, improve accuracy and results. Fieldin Co-Founder and CEO, Boaz Bachar explained the role the company’s products plays by stating:

“Fieldin is reinventing agricultural management methods and digitizing operations from beginning to end. Our technology provides the entire ecosystem of farm stakeholders with customized tools to manage against operating constraints in real-time. This is a game-changer for commercial farmers who want to thrive amid the complexities of the coming agricultural era.”

In 2013, Boaz Bachar (CEO) and Iftach Birger (COO) jointly founded Fieldin, which operates in San Jose and Fresno, California, Yoqneam in Israel, and Mildura in Australia. Half of California’s largest farms already use Fieldin’s technology, such as almond growers, Olam and Taylor Farms.

The agtech startup, which was founded in 2013, operates in the United States, Israel, and Australia, experiencing sustained growth over the past years. According to the startup, more than half of Calfornia’s largest farms are already using Fieldin’s technology to improve their operations’ productivity by over 25%.

By Nicholas Say Nicholas Say has been verified by Muck Rack's editorial team

Nicholas Ross Say is a news desk editor at Grit Daily. An award-winning journalist, he covers the daily startup beat. He grew up in Ann Arbor, Michigan and has lived in South America and South East Asia. At present, Nicholas lives in Southern Vietnam where the Sun shines, and the noodles flow like wine. He's written for Blockonomi and Coin Journal, among others.

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