How Much Did SupPlant Raise?
Funding & Key Investors

SupPlant, a pioneer in precision agriculture technology, has successfully secured a major strategic investment, bringing its total capital accumulation to $75M. This latest infusion of $38M underscores the company's robust growth trajectory and its critical role in addressing global water scarcity through advanced agronomic intelligence. By leveraging sophisticated data analytics, SupPlant continues to attract significant backing from institutional investors committed to sustainable agricultural innovation and resource efficiency.

What is SupPlant?

SupPlant
SoftwareBusiness Intelligence (BI) SoftwareAgriculture

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:

2021

Other Financing Round

$10M

2022

Series A

$27M

2023

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.

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Frequently Asked Questions Regarding SupPlant Financial Insights

What are the most recent funding rounds that SupPlant has completed, and what were the funding rounds?
SupPlant has recently completed 3 funding rounds: Series C on Mar 29, 2023, Series A on Mar 14, 2022, Other Financing Round on Jun 14, 2021.
What is the total amount of funding SupPlant has raised to date?
SupPlant has raised a total of $75M in funding to date.
How many funding rounds has SupPlant completed?
SupPlant has completed 3 funding rounds.
How much funding did SupPlant raise in its most recent funding round?
SupPlant raised $38M in its most recent funding round.
Who are the lead investors in SupPlant's latest funding round?
The lead investor in SupPlant's latest funding round was Maor Investments. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in SupPlant's history?
The largest funding round in SupPlant's history was $38M.
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