May 9, 2023

By Lynda Kiernan-Stone, Global AgInvesting Media

Agricultural insight company Sentera offers integrative in-field data insights products that can easily be used with the digital ag platforms in use by more than 80 percent of the growers in the U.S. 

The company’s business centers on FieldAgent, a software platform designed specifically for food and agriculture that integrates data from satellites, in-field equipment, weather, soil, drone sensors, and observation to provide time-sensitive insights with the potential to optimize agronomic and economic outcomes for all in the value chain. 

Reflecting the potential that such technology represents for the entire industry, Sentera has closed on $25 million in funding raised through a Series C led by Caisse de dépôt et placement du Québec (CDPQ) and S2G Ventures.

Joining CDPQ and S2G in this round were new investors Maryland-based Akroyd LLC and KuE Capital of Mexico City, Mexico. Existing investors who continued to support the company including New York-based Continental Grain Company, St. Louis-based iSelect Fund, and Washington D.C.-based Middleland Capital. 

FieldAgent’s insights deliver comprehensive field performance data giving growers the ability to identify issues before they are insurmountable and to optimize opportunities as they present themselves. 

These insights can be visualized through one of the platform’s multiple analytics and reporting products giving data on stand out, tassel count, weed maps, nutrition reporting, carbon and sustainability scoring, among other factors. 

In the hands of farmers, these tools create the daily ability to make better management decisions, to improve supply chain efficiencies, and to provide better visibility into field management practices. By detecting problematic issues promptly, farmers can take targeted actions to mitigate the risks and prevent yield losses. They also can adjust their cultivation practices in real-time based on the evolving conditions, leading to improved crop performance and overall yield.

“Sentera continues to demonstrate that they can deliver greater efficiency across the agricultural supply chain through innovation and integration,” said Sanjeev Krishnan, chief investment officer and managing director, S2G Ventures. 

“We’re excited by the value that Sentera has been able to bring to the market and encouraged by what is to come from their team as they accelerate the pace of development and commercialization.”

Currently used on millions of acres in more than 70 countries, and at nearly 100 global research universities and centers, Sentera stated that it intends to continue creating insights that are accurate, timely, affordable , and actionable, while also accelerating the adoption of its solutions through the expansion of its capabilities and through partnerships.

“We’ve been successful in developing new and innovative solutions that complement and enhance the most commonly used agriculture platforms,”  said Eric Taipale, CEO of Sentera. 

“This investment gives us the ability to increase our development velocity and broaden our industry partnerships, further improving the outcomes our customers are able to achieve.”

~ Lynda Kiernan-Stone is editor in chief with GAI Media, and is managing editor and daily contributor for Global AgInvesting’s AgInvesting Weekly News and  Agtech Intel News, as well as HighQuest Group’s Unconventional Ag. She can be reached at lkiernan-stone@globalaginvesting.com.

*The content put forth by Global AgInvesting News and its parent company HighQuest Partners is intended to be used and must be used for informational purposes only. All information or other material herein is not to be construed as legal, tax, investment, financial, or other advice. Global AgInvesting and HighQuest Partners are not a fiduciary in any manner, and the reader assumes the sole responsibility of evaluating the merits and risks associated with the use of any information or other content on this site.