What is Precision AI?
Founded in 2017 and headquartered in Regina, Saskatchewan, Precision AI is an AgTech innovator dedicated to optimizing crop production through artificial intelligence. The company specializes in deploying advanced drone fleets equipped with custom-built AI models that facilitate granular decision-making at the individual plant level. This technological shift moves the industry away from legacy, broad-spectrum agricultural methods toward a more sustainable and data-centric model. By integrating its solutions into existing agricultural infrastructure, Precision AI is positioning itself as a critical player in the future of global food security, providing the tools necessary to increase profitability while reducing resource waste.
How much funding has Precision AI raised?
Precision AI has raised a total of $20M across 1 funding round:
Angel/Seed
$20M
Angel/Seed (2021): $20M with participation from Fulcrum Global Capital, BDC Capital, Golden Opportunities Fund, and OneVentures
Key Investors in Precision AI
Fulcrum Global Capital
A venture capital firm affiliated with a major US agriculture producer, specializing in disruptive technologies that address global food system challenges and supply chain sustainability.
BDC Capital
A financial services provider offering supplemental financing, equity investments, and loans to support the growth and operational scaling of emerging enterprises.
Golden Opportunities Fund
A long-standing retail venture capital fund focused on supporting local businesses and regional economic development through strategic equity investments.
What's next for Precision AI?
With the recent influx of capital, Precision AI is poised to accelerate its research and development pipeline, focusing on the next generation of autonomous farming machinery. The company's strategic roadmap emphasizes the deployment of its AI-driven solutions across diverse global markets, addressing the complex challenges of modern agriculture. As the firm moves beyond its initial growth phase, the focus will likely shift toward deepening its technological moat and expanding its enterprise-level partnerships. By leveraging its elite global team, Precision AI aims to set a new benchmark for efficiency in the agricultural sector, ensuring that its innovations remain at the forefront of the industry's digital transformation.
See full Precision AI company page
