Smallholder Agriculture | February 7, 2022

Israel’s Agritask raises $26 million for sensor data for farmers

Roodgally Senatus
ImpactAlpha Editor

Roodgally Senatus

ImpactAlpha, February 7 — Agritask uses a network of connected sensors, weather stations and satellite imagery to give farmers and insurers insight into soil and crop health. The Tel Aviv-based agriculture analytics company manages more than 50 different crop types in over 35 countries. 

Agrotask has helped companies like Starbucks and Heineken reduce risks with sustainable farming and sourcing practices. The company also works with insurance companies to expand their products for farmers.

Agritask can “play a key role in securing the future of food production and impacting the lives of millions of farmers,” said Constantin Liechtenstein of Liechtenstein Group, which led the Series B round with Smart Agro Fund, the InsuResilience Investment Fund and Bridges Israel, the Israel-based sister fund to Bridges Fund Management.