Valley Irrigation Overview
Prospera Technologies is focused on solving some of the greatest challenges in the agriculture industry. The company creates technology that combines machine learning, computer vision, and practical know-how to enable growers to make more informed, efficient, and scientific decisions. Prospera goal is to drive better, more sustainable food production worldwide. Prospera Technologies was named a cool vendor in Cool Vendors in AI for Computer Vision, 2021 by the Gartner Research Group.
Cumulative Funding Raised Over Time ($)
$7.0MJul 2016
$22.0MJul 2017
Latest News
Prospera Technologies Named a Cool Vendor in the 2021 Gartner 'Cool Vendors in AI for Computer Vision'
Valmont to Acquire Prospera Technologies, Global Leader in Agricultural Artificial Intelligence & Machine Learning
growth-positive
https://www.jpost.com/jpost-tech/prospera-technologies-bayer-partner-to-improve-agriculture-output-634543
Prospera Technologies, an AI and big data company, is partnering with Bayer to improve greenhouse output using machine learning. The company has monitored the production of $5 trillion worth of agricultural produce and focuses on maximizing plant potential in the field. The partnership with Bayer, a leading genetic player in vegetable seeds, aims to close the gap between genetics, human actions, and agricultural outcomes. Prospera sees the importance of bringing Israeli ag-tech know-how to the world and believes that Israel is a great country to build ag-tech companies. By embracing big data and AI, farmers and governments can improve decision-making processes and address the challenge of feeding a growing population. Prospera initially chose Mexico as a location to prove their ability to make a change in greenhouse farming.
PartnersCustomers
Valley ® Irrigation and Prospera Quadruple the Acres Covered by A.I. Crop Detection Service
growth-positive
Office Tour: Prospera Offices - Tel Aviv
The article discusses the design of Prosperas Tel Aviv office, which draws inspiration from the companys work in data analysis and optimizing crop yields. The office design incorporates elements of hidden data, solving puzzles, and discovering hidden elements. The main challenge was creating open workspaces that were not too large to avoid acoustic problems and an impersonal atmosphere. The office also features 3D-2D art on the walls that represents the combination of data-oriented work and muddy farmland. The article does not mention any specific partners, customers, or financial details.
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| Sector | Agriculture & Food Technologies |
Funding
| Total funding | $22M |
| Last funding | $15M |
| Stage | Acquired |
| Rounds | 2 |
| Investors | 5 |
Team Members
4
Employees: 51-200
Web & Social Links
| Website | prospera.ag |
| Careers | Careers page |
Locations
HaArba'a Street 30, Tel Aviv-Yafo, Israel
Photos & Videos
No files yet
Valley Irrigation Business
Business models
B2B
Product stage
Released
Employees
51-200
Sector
Agriculture & Food TechnologiesAg TechFarm Equipment & TreatmentPrecision AgClimate TechFood & Land UseSustainable FarmingTarget Customer
Agriculture & FoodCropsRow CropsCore Technology
Artificial IntelligenceComputer VisionMachine LearningTags (14)
computer-visionmonitoringprecision-agriculturecropsagtechclimate-techworkforce-managementagriculturedata-analyticsartificial-intelligencesmart-farmingmachine-learningfarm-managementimage-processingGeographic Markets
ArgentinaUnited Arab EmiratesAustraliaSouth AfricaBrazilUnited StatesValley Irrigation Financials
$22M
Total funding
Undisclosed
Capital raised
$15M
Last funding
Acquired
Funding stage
2
Total rounds
5
Investors
Cumulative Funding Raised Over Time ($)
$7.0MJul 2016
$22.0MJul 2017
Private Equity Funding
B Round
Jul 2017
$15M
Cerca Partners, MoreVC, Cisco Investments, Qualcomm Ventures
A Round
Jul 2016
$7M
Bessemer Venture Partners
Public Offering / Exit
MNAEvent
May 2021
$300M
Valley Irrigation Lifecycle
Cumulative Funding Raised Over Time
$7.0MJul 2016
$22.0MJul 2017
All Events
B Round
Jul 2017
$15M
Cerca Partners, MoreVC, Cisco Investments, Qualcomm Ventures
A Round
Jul 2016
$7M
Bessemer Venture Partners
MNAEvent
May 2021
$300M
Valley Irrigation News
11 articlesProspera Technologies Named a Cool Vendor in the 2021 Gartner 'Cool Vendors in AI for Computer Vision'
Valmont to Acquire Prospera Technologies, Global Leader in Agricultural Artificial Intelligence & Machine Learning
growth-positive
https://www.jpost.com/jpost-tech/prospera-technologies-bayer-partner-to-improve-agriculture-output-634543
Prospera Technologies, an AI and big data company, is partnering with Bayer to improve greenhouse output using machine learning. The company has monitored the production of $5 trillion worth of agricultural produce and focuses on maximizing plant potential in the field. The partnership with Bayer, a leading genetic player in vegetable seeds, aims to close the gap between genetics, human actions, and agricultural outcomes. Prospera sees the importance of bringing Israeli ag-tech know-how to the world and believes that Israel is a great country to build ag-tech companies. By embracing big data and AI, farmers and governments can improve decision-making processes and address the challenge of feeding a growing population. Prospera initially chose Mexico as a location to prove their ability to make a change in greenhouse farming.
PartnersCustomers
Valley ® Irrigation and Prospera Quadruple the Acres Covered by A.I. Crop Detection Service
growth-positive
Office Tour: Prospera Offices - Tel Aviv
The article discusses the design of Prosperas Tel Aviv office, which draws inspiration from the companys work in data analysis and optimizing crop yields. The office design incorporates elements of hidden data, solving puzzles, and discovering hidden elements. The main challenge was creating open workspaces that were not too large to avoid acoustic problems and an impersonal atmosphere. The office also features 3D-2D art on the walls that represents the combination of data-oriented work and muddy farmland. The article does not mention any specific partners, customers, or financial details.
Expand
growth-positive
Israeli co Prospera teams with Valmont on autonomous farming
Israeli company Prospera Technologies has announced a partnership with global giant Valmont Irrigation to develop an autonomous sprinkler system for precision agriculture. Prosperas system will be installed on Valmonts irrigation systems, allowing the companies to gather information from large fields. The partnership will last for three years and involves a joint $40 million investment. Prospera has previously operated in greenhouses and has raised $15 million in funding from venture capital funds and strategic investors. The partnership with Valmont will allow Prospera to expand its technology to field crops, generating tens of millions of dollars in potential revenue.
PartnersInvestment
growth-positive
From apple-picking robots to machine learning - the ag-tech sector could soon have its first 'unicorns'
The agriculture-technology sector is booming, with companies working on innovative solutions to meet the demands of a growing global population. Venture capital firms have invested over $3 billion in the sector since 2014. Plenty, a startup that creates indoor, vertical farms, recently raised $200 million in a Series B round led by Softbank. Other startups like Grownetics and Prospera are using machine learning and artificial intelligence to help farmers grow crops more efficiently. Huxley, a startup based in Amsterdam, is developing a hands-free augmented reality system for greenhouses. Abundant Robotics is working on the worlds first commercial apple-picking robot. With the influx of attention and capital, the agriculture-technology industry has the potential to transform food production in the coming decades.
InvestmentExpand
growth-positive
Prospera Raises $15m Series B from Qualcomm and Cisco for Ag IoT - AFN
Israeli digital ag startup Prospera has raised a $15 million Series B round led by Qualcomm Ventures and Cisco for its IoT platform for farms. Prospera uses computer vision, machine learning, and data science to detect crop stress and improve crop yields. The funding will be used to expand distribution and diversify operations. Naturesweet Tomatoes is one of Prosperas larger customers. Farmer adoption of Prosperas technology is increasing. The investment signals that major tech companies recognize the opportunity in agtech. Qualcomm Ventures sees Prosperas tech as complementary to its expertise in smartphone technologies. Other investors in the round include Israel Cleantech Ventures and Bessemer Venture Partners.
Investment
growth-positive
Prospera is an AI Company Helping Advance Agriculture Digital Trends
Prospera, an AI-based machine learning company, aims to revolutionize agriculture by providing real-time insights to farmers through in-field cameras and climatic sensors. The companys technology helps farmers analyze crops at a granular level and address issues like pests, disease, and nutrient deficiencies. Prosperas cost-effective and scalable solution has already been adopted by greenhouse farms in Europe, North America, and Israel, and is used by major grocers like Walmart, Tesco, Sainsburys, and Aldi. The companys investors include Bessemer Venture Partners. The article highlights the potential of Prosperas AI technology to optimize crop yields and improve efficiency in the agricultural industry.
CustomersPartners
growth-positive
Prospera Raises $7m Series A for AI and Computer Vision Ag Data Analysis Technology - AFN
Israeli startup Prospera has raised $7 million in Series A funding led by Bessemer Venture Partners. The company uses computer vision, data science, and machine learning to monitor and analyze crops. Prosperas software platform sends alerts to farmers about crop stress and can make recommendations on resolving issues. The company also provides yield predictions to customers, which they can share with distributors. Prosperas technology is being used by farms that supply major grocery retailers in Europe. The funding will be used to launch the software-as-a-service in the US and expand the focus on indoor agriculture to high-value permanent crops and produce grown outdoors.
InvestmentExpand
growth-positive
This robot has 'eyes' that can see dying plants before farmers can
Prospera, a robotic system, uses cameras and sensors to detect pests, diseases, and other issues in crops. It provides real-time data and alerts to farmers through an app. The system can predict risks and recognize new strains of diseases. Prospera works with large vegetable growers and is expanding to orchards and vineyards. The company aims to revolutionize the agriculture industry by providing farmers with data-driven decision-making tools.
Customers
Valley Irrigation Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 96 |
| Team members | 4 |
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Valley Irrigation Internal
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Admin Info
| Confidence | 99/100 |
| Missing | video or image, markets |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 515113553 |
| Crunchbase | prospera-technologies |
| Last updater | Ortal Wein |
| Updater email | ortalw@sncentral.org |
| Last update | 2024-08-27T00:00:00.000Z |
| Created | 2015-01-21T00:00:00.000Z |
| Claimed | Yes |
| Status detail | Acquired by Valmont Industries on May, 2021 |