Indoor Farming AI Startup AgEye Technologies Gets Boost from Dutch Chemicals Firm
Dutch specialty chemicals giant Nouryon has invested in AgEye Technologies to support its automation platform for indoor farming, reports Nick Flaherty at eeNews Europe.
The platform uses artificial intelligence to turn visual inputs from cameras into insights into the crop growth development and then enable autonomous actions to improve the efficiency of the farm.
AgEye in Raleigh, NC, is part of Nvidia’s AI Inception startup program and uses machine learning for precision farming to create an intelligent indoor farming platform that maximizes plant growth rate, development, morphology, physiology, and ultimately improvement of crop yield, phytochemical content, and flavor.
The value of the investment was not disclosed but AgEye raised a seed round of $500,000 in October.
Indoor farms rely on LED lights tuned to the particular plants and ideally powered by renewable energy, with hydroponics or aeroponics to produce food in factories or shipping containers. Many startups are competing to develop more indoor and smart farming technologies to boost food production as soil quality deteriorates.
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