Ag-tech firm GeoVisual Analytics lands seed funding
BOULDER — Agriculture-technology company GeoVisual Analytics announced Wednesday that it has raised a new seed round of funding led by AI Capital of Denver.
The specific amount of the funding was not disclosed, though chief marketing officer Carl Kalin indicated that it’s between $500,000 and $1 million, typical of many seed rounds. Taylor Farms of Salinas, Calif., and SVG Partners of Los Gatos, Calif., also participated in the round.
Boulder-based GeoVisual, founded in 2010, specializes in analytics of imagery and other big data sources to aid in monitoring and managing activities on Earth’s surface. On the precision ag side, that means using planes, drones and on-ground cameras to help farmers better understand what is going on in their fields and manage resources related to crop production. On the forestry side, the company analyzes satellite imagery to provide information about what is happening on the ground.
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NASA funded the company’s development of its OnSight mobile sensing platform and its Computer Learning Image Processor platform.
Kalin said the new funding will help the three-person company soon add three more employees — two in Boulder and one at its Salinas, Calif., office. But he added that the company could at least double again next year as it targets a $5 million to $10 million Series A round of funding.
GeoVisual last year participated in the Thrive Accelerator in Salinas that is run by SVG and Forbes magazine and aims to connect startups with food-industry giants to deploy and hone their technologies.
BOULDER — Agriculture-technology company GeoVisual Analytics announced Wednesday that it has raised a new seed round of funding led by AI Capital of Denver.
The specific amount of the funding was not disclosed, though chief marketing officer Carl Kalin indicated that it’s between $500,000 and $1 million, typical of many seed rounds. Taylor Farms of Salinas, Calif., and SVG Partners of Los Gatos, Calif., also participated in the round.
Boulder-based GeoVisual, founded in 2010, specializes in analytics of imagery and other big data sources to aid in monitoring and managing activities on Earth’s surface. On the precision ag side, that means using…
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