What is SupPlant?
SupPlant operates at the intersection of IoT, meteorology, and plant physiology, providing a unique technological platform that translates real-time environmental data into actionable irrigation recommendations. The company's proprietary algorithm synthesizes inputs from soil sensors, plant-based monitoring, and meteorological feeds to optimize water usage while simultaneously enhancing crop yields. By maintaining a human-centric approach to agronomical insights, SupPlant empowers farmers to transition from traditional irrigation methods to precision-based, data-driven operations, effectively positioning itself as a leader in the global AgTech sector.
How much funding has SupPlant raised?
SupPlant has raised a total of $75M across 3 funding rounds:
Other Financing Round
$10M
Series A
$27M
Series C
$38M
Other Financing Round (2021): $10M with participation from The Menomadin Foundation, Smart-Agro Fund, Boresight Capital, and Mivtah Shamir
Series A (2022): $27M led by The Menomadin Foundation, Red Dot Capital, Mivtah Shamir, and Smart Agro Fund
Series C (2023): $38M supported by Maor Investments, Boresight Capital, and Red Dot Capital Partners
Key Investors in SupPlant
The Menomadin Foundation
A foundation employing a blended finance approach through strategic philanthropy and impact investments to support global resilience and innovation.
Smart Agro Fund
A Tel Aviv-based partnership specializing in agricultural technology investments, focusing on precision irrigation, robotics, and sustainable farming solutions.
Red Dot Capital Partners
An investment firm supporting Israeli founders in scaling global tech companies, with a specific focus on market expansion into Southeast Asia and Japan.
What's next for SupPlant?
With the successful completion of this major enterprise-level funding round, SupPlant is well-positioned to scale its operations and expand its global footprint. The strategic capital will likely be deployed to enhance its algorithmic capabilities, broaden its sensor network, and accelerate market penetration in regions facing acute water stress. As the company moves beyond its initial development phases, the focus will shift toward long-term commercial sustainability and the integration of its technology into large-scale industrial farming operations, ensuring that its precision irrigation solutions become a standard for sustainable agricultural productivity.
See full SupPlant company page