Chrysalabs

Overview
News
Regenerative Agriculture Platforms?
Product stageSegments
Go-to-Market
?
Soil monitoring & analytics: Other
?

ChrysaLabs is an agricultural technology company that develops innovative soil analysis solutions for precision agriculture. The company's flagship product is the ChrysaLabs Probe, a portable device that combines cutting-edge technologies in optics, electronics, and artificial intelligence to deliver real-time soil insights directly in the field. The probe analyzes 40 different soil parameters, including macronutrients, micronutrients, pH, organic matter, cation exchange capacity, organic carbon, bulk density, and moisture, providing a comprehensive soil analysis within 30 seconds of insertion into the ground.

The technology utilizes cloud computing, artificial intelligence, and machine learning to extract real-time data from its patented spectroscopy technology. This approach allows field managers to make informed decisions quickly, leading to more precise actions, higher yields, and optimized costs. ChrysaLabs' solution aims to address the agricultural industry's need for accurate, timely soil data, offering a more efficient alternative to traditional soil testing methods that involve mailing samples to laboratories.

In addition to its soil analysis capabilities, ChrysaLabs has expanded into the carbon verification market. The company's carbon quantification solution provides a reliable method to verify nature-based carbon credits, addressing the growing demand for accurate and scalable soil data in the agricultural carbon market. This technology enables the tracking of soil evolution over time, unlocking new potential for land management and sustainability efforts.

As of May 2023, ChrysaLabs' technology had been utilized on more than two million acres across seven countries, six Canadian provinces, and 25 US states. The company, founded in 2017, has experienced significant growth and continues to develop its technologies to support sustainable and efficient agricultural practices.


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Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
9310, Saint-Lauren boulevard, suite 1114 Montréal QC CAN
Founded year:
2017
Employees:
11-50
IPO status:
Private
Total funding:
USD 16.4 mn
Last Funding:
USD 11.2 mn (Series A; May 2023)
Last valuation:
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