CropX, a crop management platform developer providing predictions on soil and weather, has raised USD 30 million in a Series C funding round led by Aliaxis SA, a Belgium-based company specialized in tailor-made plastic piping solutions. Investors Edaphon, Finistere Ventures, NTT Finance Corporation, OurCrowd, Reinke Irrigation, Yair Shamir, and Victrix also joined the round.

The company plans to use funds for developing its agronomic farm management system and acquiring companies with complementary technologies and market reach. Aliaxis and CropX also plan to continue working together on data-driven precision irrigation.

Analyst QuickTake: CropX previously raised USD 10 million in Series B funding for R&D and market penetration in August 2019. The capital raised over the years has supported the company in making strategic acquisitions to expand its market reach, including Tule (January 2023), CropMetrics (January 2020), Regen (September 2020), and Dacom Farm Intelligence (August 2021). Last month, the company also completed an API integration with Talgil , to simplify the irrigation management process for users.