Anterra Capital has committed an investment of $5.6 million to LemnaTec, one of the leading providers of software and systems for data processing and image capturing for agricultural use. This investment follow closely upon a successful financing round for the company led by DEWB.
This investment comes on the heels of LemnaTec opening a new office in St. Louis, Missouri, and beginning construction on a new high output field-based phenotyping facility in the UK, and LemnaTec, which developed a high-throughput research platform and agricultural analysis software, will use the funds to support its expansion efforts, particularly in the U.S. market, and enhance its capabilities.
Since 1998, LemnaTec has developed platforms and software for ag chemistry, plant cultivation, and biotech research, and specializes in infosystems made to capture and process digital imagery of plants to use to compile phenotypic data. Its high throughput system is designed to monitor large scale greenhouse and open field operations, and all of its gathered research is accessible through the customizable software platform provided by the company.
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