ARTIFICIAL INTELLIGENCE SPURS REAL-TIME SCOUTING, SAY TARANIS OFFICIALS

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TARANIS OFFICIALS SAY ITS TECHNOLOGY LEVERAGES A DATABASE OF MORE THAN 1 MILLION THREAT SPECIES TO CROPS.

By Successful Farming Staff

Stumped about how to quickly diagnose a crop disease or insect that’s damaging your field? Artificial intelligence is one way to take the guesswork out of the diagnosis.

Taranis is one firm that’s able to do it, say officials for the firm. Company officials say the firm’s proprietary AI2 SmartScout Solutions platform will usher in the first-of-its-kind outcome-based, broad-acre scouting tool.

“Until recently, growers have had to wait on time-consuming manual scouting to assess threats, formulate an action plan, and react. Our ag intelligence service takes out the guesswork and brings hyperlocal, real-time insights from the fields to your fingertips,” said Ofir Schlam, CEO and co-founder of Taranis, in a Taranis news release. “And we’re not stopping there. We have exciting programs in our pipeline which will completely change the reactive risk mitigation model of today, to an outcome-based approach informed by predictive threat thresholds and yield expectations.”

The firm has announced a closing of a $30 million global Round C funding. With Vertex Growth and Kuok Group’s Orion Fund (managed by K3 Ventures) taking the lead, Taranis has raised $60 million to date and plans a broadscale rollout of the company’s agronomic intelligence service. New investors in this round include strategic investor Hitachi Ventures as well as Mitsubishi UFJ Capital, Micron Ventures, UMC Capital, La Maison, Mindset Ventures, iAngels, and Gal Yarden. Existing investors Vertex Ventures Israel, Viola, Finistere, and OurCrowd also continue their support.

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