2018 News: Farm data financing.

Farm data financing

23 January 2018

The article at a glance

Agricultural tech company KisanHub, which was mentored by two programmes at Cambridge Judge Business School, gains £1.75 million in new funding for …

Agricultural tech company KisanHub, which was mentored by two programmes at Cambridge Judge Business School, gains £1.75 million in new funding for expansion.

Agricultural technology company KisanHub, which has been part of two enterprise programmes at Cambridge Judge, announced a further £1.75 million in new financing that will advance development of its Crop Intelligence Platform and allow new senior hires.

KisanHub was mentored by Accelerate Cambridge, part of the Entrepreneurship Centre at Cambridge Judge, and Cambridge Social Ventures, part of the Cambridge Centre for Social Innovation at the School.

KisanHub technology helps agricultural producers and suppliers make analytical decisions based on big data, cloud computing and machine learning, and now has a user base of 3,000 accessing its platform.

The new funding for Cambridge-based KisanHub was led by venture capital firms Norton Capital and IQ Capital, with participation by Calibrate Management and other angel investors. The financing will allow expansion of the company’s sales, customer-service and machine learning teams.