Seed-X

Company Overview

Snapshot

Founded in September 2017 by Sarel Ashkenazy and Moti Shniberg, Seed-X operates with 11–50 employees. The company has raised $18 million across four funding rounds. In June 2022, Seed-X secured a Series A funding round with participation from iAngels and Champel Capital.

Business overview

Seed-X is an Agriculture & Food Technologies company that develops machine vision technology with customized deep learning algorithms for seed breeding and production cycles. The company's core technology applies a proprietary seed-by-seed sorting mechanism to identify hidden patterns and convert this data into new rating and selection criteria for superior seeds. Seed-X provides its deep learning algorithms to sort out low-quality seeds, aiming to upgrade each lot to its maximum potential. It serves seed companies and seed producers within the agriculture and food industries.

Strategic signal

In September 2022, Seed-X announced the sale of its GeNeeTM technology, an AI-powered scanning solution for seed quality improvement, to organic seed breeding company De Bolster. This transaction signals strong commercial validation for Seed-X's technology and demonstrates its ability to secure strategic partnerships with key industry players, indicating potential for further market penetration and revenue growth.

Company Intelligence Q&A

What is Seed-X's core technology?

Seed-X develops machine vision technology with customized deep learning algorithms for seed breeding and production cycles. This technology applies a proprietary seed-by-seed sorting mechanism to identify hidden patterns and convert data into new rating and selection criteria.

When did Seed-X secure its Series A funding round?

In June 2022, Seed-X raised $10 million in a Series A funding round. The round was led by iAngels and included participation from Champel Capital and Neva SGR.

Which company acquired Seed-X's GeNeeTM technology?

In September 2022, organic seed breeding company De Bolster purchased Seed-X's GeNeeTM technology, an AI-powered scanning solution for seed quality improvement.

What recognition did Seed-X receive in 2019?

In March 2019, Seed-X won the 2019 AgFunder Innovation Award for the Most Innovative International Startup Pre-Series A, recognizing its impact in reshaping the marketplace and transforming breeding and production processes.

What was Seed-X's collaboration with TomaTech?

In June 2019, Seed-X and tomato seed breeding company TomaTech announced a pilot of GeNee Breeder, a seed phenotype analysis system, to classify genetic traits in vegetable seeds and grains.