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.
- What was a key recognition for Prospera Technologies in 2021?
- In June 2021, Prospera Technologies was named a Cool Vendor in the 2021 Gartner 'Cool Vendors in AI for Computer Vision'.
- Which investors participated in Valley Irrigation's Series B funding round?
- In July 2017, Valley Irrigation received Series B funding from investors including.
- Which investor participated in Valley Irrigation's Series A funding round?
- In July 2016, Valley Irrigation received Series A funding from Bessemer Venture Partners.
- What was a significant partnership for Prospera Technologies in 2020?
- In April 2020, Valley Irrigation and Prospera quadrupled the acres covered by their AI crop detection service, following a partnership between Prospera Technologies and Bayer to improve agriculture output in July 2020.