Climate startup Agrology gets Seed funding to grow its predictive agriculture platform and help farmers combat climate change
Drought, insect outbreaks, extreme weather, and increased wildfires, are just a few of the results of climate. The impacts of climate change are global in scope, unprecedented in scale, and can no longer be denied. According to the EPA, carbon dioxide (CO2) accounted for about 79% of all U.S. greenhouse gas emissions from human activities in 2020.
Another study conducted by the University of California at UC Davis found that livestock is responsible for 14.5 percent of global greenhouse gases. The study also found that animal-based foods have a bigger carbon footprint than plant-based foods.
Together, food and agriculture contribute 26% of the world’s total carbon emissions. As such, transforming our current agriculture system is one of the most important things we can do to reduce carbon emissions and combat climate change.
With the impact of climate change accelerating, farmers require new technologies to maintain yields and implement regenerative practices, that’s why climate tech startup Agrology is on a mission to help farmers combat climate change.
Through its predictive agriculture platform, Agrology makes it easy to stay ahead of threats like drought, pest and disease outbreaks, smoke taint, extreme temperatures, and much more.
Today, Agrology announced it has raised Seed funding from Active Impact Investments to grow its team and expand its reach into national and international markets. The total amount of the investment was not disclosed.
The investment is part of a partnership to help drive the market growth of Agrology’s Regenerative and Predictive Agriculture Platform. Active Impact Investments invested in Agrology’s SEED round to scale the start-up’s climate technology solutions for growers. Active Impact is one of North America’s Largest Climate Tech Seed Funds.
Active Impact also works closely with founders to assist in developing professional sales infrastructure and talent recruitment. In addition, the investment will help Agrology scale its operations to reach thousands of farmers around the world.
Founded in 2019, Agrology is a climate tech startup and Public Benefit Corporation whose mission is to protect the economic viability of farmers in a time of intensifying climate change. Agrology is also the winner of highly selective National Science Foundation SBIR Awards.
Agrology offers a predictive agricultural platform that helps farmers monitor crops and receive predictive insights on irrigation, extreme weather, soil carbon respiration and sequestration, pest and disease outbreaks, and more.
“26% of global emissions come from food production, and the agriculture sector is concurrently one of the most acutely impacted by climate change. Agrology has the dual benefit of helping farmers adapt to a changing climate, to remediate soil degradation through regenerative agriculture while also increasing margins and profit,” said Mike Winterfield, Founder and Managing Partner of Active Impact Investments. “Agrology’s sensors enable farmers to increase yield while also creating new revenue streams through access to carbon credits via soil carbon sequestration and ‘carbon farming. The timing is ideal given policy tailwinds like the Inflation Reduction Act’s $8.5B Environmental Quality Incentives Program, which has created strong incentives to measure and decarbonize throughout the supply chain.”
“Having Active Impact Investments as our lead investor gives us the resources and expert guidance to expand our growth and reach,” said Agrology Founder and CEO, Adam Koeppel. “Like Agrology, Active focuses on climate and impact, and we are both committed to helping farmers solve real problems in the field. I’m looking forward to working with Active to assist farmers in beating climate change, to grow our team, our business, our reach, and increase our impact.”
Agrology gathers data in customers’ fields and then processes data using machine learning (ML) and artificial intelligence (AI) models. The system precisely forecasts up to four days out, empowering growers to put ground-truth data behind their sustainability and regenerative practices and manage valuable resources. Agrology also offers the first soil carbon respiration monitoring system to provide critical real-time data, tracking soil microbiome health and changes in soil carbon content–a key component to farmers fighting climate change with regenerative practices.
Active Impact’s investment will enable Agrology to grow the team and expand its reach into national and international markets. Active Impact works closely with founders to assist in developing professional sales infrastructure and talent recruitment. In addition, the investment will help Agrology scale its operations to reach thousands of farmers around the world.
“Our regenerative agriculture system is real technology, working for real growers, in real dirt, on real farms right now,” added Koeppel. “It’s not some blockchain or remote sensing satellite system but is a useful technology that gathers data directly from the ground and the air, and lets farmers know how well their regenerative practices are working.”