Agriculture is undergoing an evolution - technology is becoming an indispensable part of every commercial farm. New precision agriculture companies are developing technologies that allow farmers to maximize yields by controlling every variable of crop farming such as moisture levels, pest stress, soil conditions, and micro-climates through automation. By providing more accurate techniques for planting and growing crops, precision agriculture enables farmers to increase efficiency and manage costs.
Precision agriculture companies have found a huge opportunity to grow. A recent report by Grand View Research, Inc. predicts the precision agriculture market to reach $43.4 billion by 2025. The emerging new generation of farmers are attracted to faster, more flexible startups that systematically maximize crop yields.
In this article, we have identified 10 leading precision agriculture companies that are revolutionizing the farming landscape.
Mothive is an automated agronomy service to help farm managers maximize efficiency, reduce waste, and improve the predictability and control of crops. Their device, the Mothive Ladybird, empowers farmers with a simple, affordable, and turnkey solution that de-risks their operations and extracts more value from the crop. The device predicts and informs farmers about the right time to harvest and related logistics, predict diseases and improve yields, and automates farm tasks based on real-time crop needs.
CropX, an ag-analytics company, develops cloud based software solutions integrated with wireless sensors, which boosts crops yield and saves water and energy. It offers advanced adaptive irrigation software service that delivers crop yield increase, and water and energy cost saving services while conserving the environment. The company also generates irrigation maps and automatically applies the right amount of water to different parts of the same field.
Arable is an agricultural data and analytics company that offers the world's first IoT-enabled irrigation management tool, weather station, and crop monitor in one, the Arable Mark. Reliable data-driven decision-making saves customers time and money, reducing risk while preserving natural resources and expanding ecosystem services. Invented by an agronomist to link predictive models to real-world measurements, the Mark is solar-powered, with continuous field visibility and cellular connectivity. Cutting-edge, patented technology, including a seven-band spectrometer and an acoustic disdrometer, makes it the only device to collect over 40 relevant plant and climate data streams, including precipitation, chlorophyll content, radiation, reflectance, temperature, and humidity.
4. Ceres Imaging
Ceres Imaging is an aerial spectral imagery company that helps growers optimize their water and fertilizer application. Their high-resolution multispectral images are captured via low-flying planes and processed using highly advanced image processing and crop modeling techniques. The images reveal highly accurate, real-time information of the water and nutrient status of every plant in a field.
Gamaya, a Swiss startup active in a smart farming, responds to the need to feed 10bn people by developing unique farmland diagnostics services for industrial growers in Brazil using patented breakthrough imaging technology to capture all information about physiology and chemical composition of crops in a most efficient way. Our core offering is early detection of disease and pests, detection and diagnostics of stress (mechanical damage, nutrient deficiency, water stress, soil compaction), monitoring of growth for optimization of fertilization, as well as prediction of yield. Gamaya solution empowers farmers to achieve significant economic gains including 30% increase in yield, 40% decrease in costs, as well as 70% decrease in disease-related risks, all of which facilitates the production of quality products and reduces negative environmental impact. Gamaya has been featured by Forbes as one of the 4 European AgriTech startups with a potential to become a $1 billion dollar company.
AgriData digitalizes agriculture by providing an asset tracking system for permanent crops (trees and vines, aka high-value crops). Farmers using the product are able to predict their yields, time their harvests, and detect pests. Digitalizing permanent crops has never been done for 2 reasons:
(1) autonomous vehicles were needed to avoid prohibitive costs of installing cameras everywhere in the field,
(2) the complexity of developing computer vision software capable of turning trees and fruits into 1's and 0's.
Agrowatcher uses computer vision technology and multispectral imaging to discern differences in crops for crop identification and detection of water stress, pests, infestation, and diseases. Plant leaf color and morphology changes are our indicators. The system uses a special digital camera that can record reflected light energy imagery in multiple bands across the visible and near-infrared spectrum with significant resolution. Using bespoke computer vision algorithm and machine learning the images are analyzed and a specific treatment (watering, pesticide/herbicide application, etc.) is then immediately administered. All of this in real-time, with plant-by-plant precision, 24/7. Our robust solution is fully automated, replacing labor-intensive processes and outdated, expensive equipment.
AgEagle designs, develops, produces, distributes and supports technologically-advanced small unmanned aerial vehicles (UAV’s or Drones) that it supplies to the precision agriculture industry.
PrecisionHawk is an information delivery company that combines unmanned aerial systems, remote sensing technologies and advanced data analytics to improve business operations and day-to-day decision making. PrecisionHawk brings value to an emerging market by offering an end-to-end solution for aerial data gathering, processing and analysis to provide actionable information across a wide range of data-intensive civilian industries.
Founded in 2010, the company provides a holistic platform using Unmanned Aerial Vehicles (UAVs) for data collection and analysis software tools to deliver better business intelligence to clients across a wide range of civilian industries.
10. Aker Technologies
Aker Technologies Inc, develops smart in-season crop management tools to accelerate the adoption of precision farming practices across the industry. Aker has developed patented computer vision and biometric sensors, along with software and service solution to detect, classify and measure pests pressure, airborne pathogens, crop diseases and fertility issues inside the canopy of crop fields.
Our Food program runs twice a year boosting our startups through corporate business development, networking and pitch events, world-class mentorship, and the potential for investment. Find out more here.