About Croptide
Croptide is a company based in Napier (New Zealand) founded in 2019 by Hamish Penny and Finn Brown. Croptide has raised $1 million across 1 funding round from investors including Icehouse Ventures and Masfen Group. Croptide offers products and services including Plant Sensor and Decision Support Platform.
- Headquarter Napier, New Zealand
- Founders Hamish Penny, Finn Brown
- SectorsAgriculture
- Email••••••••
- Website croptide.com
- Social LinkedIn
- Legal Name Croptide Opco Limited
- Total Equity Funding$1M (USD)
in 1 rounds
- Latest Funding Round$1M (USD), Seed
Dec 2021
- InvestorsIcehouse Ventures
& 1 more
Products & Services of Croptide
Croptide offers a comprehensive portfolio of products and services, including Plant Sensor and Decision Support Platform.
Device that gathers insights from plant stems for farming decisions
Platform integrating sensor and weather data for crop optimization
Funding Insights of Croptide
Croptide has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1M
- Total Rounds 1
- Last Round Seed — $1M
- First Round $1M
(Dec 2021)
- Investors Count 2
All 1 funding rounds of Croptide with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2021 | $1M | Seed | – | Icehouse Ventures, Masfen Group | – |
2 investors in total: 2 institutional.
Investors in Croptide
Croptide has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Icehouse Ventures and Masfen Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PE fund focused on high growth companies of New Zealand | – | icehouseventures.co.nz | Auckland, New Zealand | |
Masfen Group is engaged in investment activities across New Zealand. | – | masfengroup.co.nz | Auckland, New Zealand |
Investor details for Croptide
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Croptide
2 people are tracked at Croptide (2 in leadership).
| Name | Role | Group |
|---|---|---|
Hamish Penny | Co-Founder & CEO | Leadership |
Finn Brown | Co-Founder | Leadership |
Complete people profiles for Croptide
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Croptide
2 dated milestones of Croptide across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Croptide is founded.
- Funding First funding round of $1.0M.
Latest news on Croptide
Complete news archive for Croptide
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Croptide
10 companies that operate in the same segment as Croptide (Farm Support & Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Unnati Agri is focused on agricultural fintech solutions. | 2017 | Noida, Uttar Pradesh, India | USD 16.46 M | USD 47.85 M | 307 | |
Post-harvest risk management and storage services are provided to farmers. | 2004 | Gurugram, Haryana, India | USD 30.86 M | USD 32.17 M | – | |
Solar home lighting systems are supplied for agricultural needs. | 2020 | Gurugram, Haryana, India | USD 4.21 M | USD 8.78 M | 34 | |
Agribusiness, palm oil plantation, and renewable energy services are provided. | 2004 | Jakarta, Jakarta, Indonesia | – | USD 323.05 M | 10,810 | |
Provider of digital solutions for farmers | 2019 | Patna, Bihar, India | USD 435.77 K | USD 502.87 K | 1 | |
Logistics and trading services in agriculture are provided globally. | 2021 | Richardson, Texas, United States | – | USD 148.7 M | – | |
Provider of agricultural value chain services | 2013 | Gurugram, Haryana, India | USD 604.96 K | USD 254.67 K | – | |
Smallholder farmers are aggregated and supported via data-driven agritech solutions. | 2022 | Bandung, West Java, Indonesia | USD 6.85 M | – | – | |
Agricultural technology solutions are provided by Syngenta Group globally. | 2000 | Basel, Basel-stadt, Switzerland | – | – | – |
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Frequently Asked Questions about Croptide
Croptide was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Croptide is headquartered in Napier, New Zealand. It is registered at Napier, Hawke's Bay, New Zealand.
Hamish Penny is the current CEO of Croptide. They have also founded this company.
Croptide is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Dec 2021.
Croptide is a company that specializes in delivering real-time plant intelligence to farmers. They have developed a novel sensor that provides precise readings from the plant stem, enabling growers to make smarter and more effective growing decisions. Their mission is to support improvements in yield and quality outcomes while reducing inputs such as water and fertilizer.
Croptide offers Plant Sensor and Decision Support Platform.
Croptide has 2 investors. Key investors include Icehouse Ventures, and Masfen Group.
Croptide operates through Croptide Opco Limited.