Valley Irrigation
Food Production Optimization Solution for the Agriculture Industry
Company Overview
Snapshot
Founded in July 2014 by Daniel Koppel and Shimon Shpiz, Valley Irrigation operates with 51–200 employees. The company secured funding across 2 rounds from 5 investors, culminating in its acquisition by Valmont Industries in May 2021.
Business overview
Valley Irrigation, also known as Prospera Technologies, develops technology that combines machine learning, computer vision, and practical agricultural knowledge to optimize food production. The company's solutions enable growers to make more informed, efficient, and scientific decisions, serving the agriculture industry by driving better, more sustainable practices worldwide. It operates within the Agriculture & Food Technologies sector, focusing on areas like precision agriculture and smart farming.
Strategic signal
In May 2021, Valley Irrigation was acquired by Valmont Industries, a global leader in agricultural artificial intelligence and machine learning. This acquisition signals a strategic consolidation within the ag-tech sector, enhancing Valmont's capabilities in AI-driven crop detection and management, and providing Valley Irrigation with expanded resources and market reach.
Log in to access full profile ›Company Intelligence Q&A
- When was Valley Irrigation acquired?
- Valley Irrigation was acquired by Valmont Industries in May 2021.
- Which investors participated in Valley Irrigation's Series B funding round?
- In July 2017, Valley Irrigation received funding from Cisco Investments and Qualcomm Ventures.
- Which investor participated in Valley Irrigation's Series A funding round?
- In July 2016, Valley Irrigation received funding from Bessemer Venture Partners.
- What recognition did Prospera Technologies receive from Gartner?
- In June 2021, Prospera Technologies was named a Cool Vendor in the 2021 Gartner 'Cool Vendors in AI for Computer Vision'.
- When was Valley Irrigation founded?
- Valley Irrigation was founded in July 2014.