Source.ag raises $17.5M for applied AI in CEA, pushing total funding past $60M
AMSTERDAM – Source.ag, the Amsterdam-based developer of AI software for Controlled Environment Agriculture (CEA), today announced the successful close of its Series B funding round, raising $17.5 million. The investment was led by Astanor, with strategic participation from investors including seed breeder Enza Zaden and grower cooperative Harvest House. This new capital injection brings Source.ag’s total funding to over $60 million in five years.
The investment follows a period of rapid growth marked by the deployment of its AI software with strategic partners and collaborations across Europe and North America. The funding underscores the critical role of applied AI in a sector facing two major hurdles: rising global demand for fresh produce and a growing deficit of experienced cultivation expertise.
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