All Updates

All Updates

icon
Filter
Funding
Picketa Systems raises CAD 1.4 million in seed funding
Smart Farming
May 26, 2023
This week:
Funding
Matr Foods raises EUR 20 million in debt funding to build mycelium meat factory
Plant-based Meat
Today
Last week:
M&A
Platform Science to acquire Trimble's global transportation telematics business units
Truck Industry Tech
Yesterday
Funding
Whatfix raises USD 100 million in Series E funding to expand business
EdTech: Corporate Learning
Yesterday
Product updates
Sky Mavis launches cross-game onboarding solution
Web3 Ecosystem
Sep 14, 2024
Funding
Bicara Therapeutics raises USD 315 million in IPO; plans to develop lead candidate ficerafusp alfa
Precision Medicine
Sep 13, 2024
Partnerships
Massive Bio and Foundation Medicine partner to improve cancer clinical trial enrollment
Precision Medicine
Sep 13, 2024
Partnerships
Moffitt Cancer Center partners with AstraZeneca to advance oncology cell therapies
Cell & Gene Therapy
Sep 13, 2024
Product updates
Quandela launches European quantum computer in North America
Quantum Computing
Sep 13, 2024
Partnerships
IonQ achieves high qubit gate fidelity on barium development platform
Quantum Computing
Sep 13, 2024
Partnerships
Massive Bio and Foundation Medicine partner to improve cancer clinical trial enrollment
Clinical Trial Technology
Sep 13, 2024
Smart Farming

Smart Farming

May 26, 2023

Picketa Systems raises CAD 1.4 million in seed funding

Funding

  • Picketa Systems, a Canadian company that offers real-time plant tissue analysis using its Leaf Evaluated Nutrient System (LENS), has raised nearly CAD 1.4 million (~USD 1.1 million) in a seed funding round led by the New Brunswick Innovation Fund, with participation from Tall Grass Ventures, Desjardins, Koan Capital, Emmertech, and multiple angels from East Valley Ventures and StartupTNT.

  • The funding will be used to further develop and deploy its technology, LENS, and broaden the scope of plant applications.

  • Founded in 2021, Picketa Systems offers real-time plant tissue analysis through its Leaf Evaluated Nutrient System (LENS) technology, which was developed collaboratively with farmers in New Brunswick and Prince Edward Island. The process involves collecting plant tissue samples, scanning them using the company’s optical sensing technology, and analyzing the raw data on its cloud platform. Algorithms transform the data into nutrient concentrations, which users can access through its web platform for interpretation and decision-making. This year, the technology was employed by ten agronomists in Canada and the UK for in-field applications. While initially focused on potatoes, the company is expanding trials to include crops such as corn, onions, carrots, and blueberries, with plans for further diversification in the future.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.