Precision crop manager Semios raises $8 mln in funding

Semios, a Vancouver-based provider of precision farming management solutions, has secured $8 million in follow-on financing. The round's backers included undisclosed investors in the agricultural technology sector, with assistance from Haywood Securities. Founded in 2010, Semios has developed a platform of sensors and control devices that reduce risks for specialty crops. It plans to use the funds raised to accelerate growth through expanded sales, services, and research and development efforts. Semios has previously received financing from angel investors and government funds.

12 April 2016•3 mins read
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