Israeli start-up company CropX Technologies, a global leader in digital farm management, and Syngenta, a global leader in agricultural seeds and crop protection products, are collaborating to improve sustainability and production efficiency of Syngenta's seed suppliers in the Midwestern United States. Syngenta is one of the largest seed manufacturers globally, supplying seeds to millions of farmers worldwide.
Gilber Arjenta, Head of Seed Production and Supply Chain at Syngenta in North America, stated: "Syngenta is committed to enhancing the sustainability of our seed supply chain. Last year, we conducted a comparative trial of soil data monitoring systems in corn fields in Nebraska and Illinois, and the CropX system demonstrated the best performance".
According to Syngenta, the CropX system helped improve sustainability by reducing irrigation water usage, which enhanced the return on investment. Since the trial, the company decided to expand the use of the CropX system to additional corn growing areas in the Midwest.
Gilber Argenta continued: "We chose CropX because its excellent hardware and software technology allowed us to optimize irrigation and preserve our yields. The system, which provides real-time data, visualization tools, and insights, enables us to proactively manage our water resources. It allowed us to put our finger on the pulse of our fields and ultimately improve the health of our crops".
Tomer Tzach, CEO of CropX: "We are proud to be chosen as Syngenta's sustainability solution. CropX's solution creates a win-win situation for both farmers and the environment by enabling them to increase yields while reducing required inputs such as water and fungicide chemicals. The system provides field managers with comprehensive field insights and simplifies agricultural management on large plots".
CropX offers a solution that combines software and hardware and provides data-driven insights to farmers in over 60 countries. CropX's technology helps farmers increase yields while significantly saving resources: less water, less fertilizer, fewer chemicals, less energy, and fewer labor resources. The CropX system fully supports 75 different types of crops, integrates data from sensors in the ground, weather stations, rainfall data, and agronomic knowledge, and provides decision-making tools and planning - all offered through a user-friendly application that allows for managing multiple fields simultaneously.
CropX completed a Series C funding round in April with a total of $30 million to continue its impressive growth and fund additional acquisitions. The company is implementing a "Buy and Build" strategy focused on precision agriculture technologies. It combines an aggressive M&A plan with the acquisition of companies with complementary expertise and diverse geographical and technological backgrounds.