About FarmShots
FarmShots is a company based in Durham (United States) founded in 2014 was acquired by Syngenta in February 2018.. FarmShots has raised $1.1 million across 2 funding rounds from investors including Syngenta. FarmShots operates in a competitive market with competitors including The Climate, SatSure, Fyllo, Fieldin and Fasal, among others.
- Headquarter Durham, United States
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Sectors
AgricultureTechnology
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Phone
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Website
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Social
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Funding Insights of FarmShots
FarmShots has successfully raised a total of $1.1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.1 million completed in September 2016. 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 Total Funding
- Total Rounds 2
- Last Round Seed — $1.1M
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2016 | Amount | Seed - FarmShots | Valuation |
investors |
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| Jan, 2015 | Amount | Angel Round - FarmShots | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in FarmShots
FarmShots has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Syngenta. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Crop protection solutions and hybrid seeds are provided for farming.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by FarmShots
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - FarmShots
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Farmshots Comparisons
Competitors of FarmShots
FarmShots operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as The Climate, SatSure, Fyllo, Fieldin and Fasal, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Integrated platform providing hardware and software for farm and weather data analytics
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| domain | founded_year | HQ Location |
Geospatial data analytics are powered by AI for business insights.
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| domain | founded_year | HQ Location |
Fyllo is engaged in providing agritech solutions for farmers.
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| domain | founded_year | HQ Location |
Solution provider to increase efficiency & reduce losses in the harvesting of farm production
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| domain | founded_year | HQ Location |
Crop data analytics solutions are provided for precision farming practices.
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| domain | founded_year | HQ Location |
AI and data-based farming insights are provided to farmers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about FarmShots
When was FarmShots founded?
FarmShots was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is FarmShots located?
FarmShots is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.
Is FarmShots a funded company?
FarmShots is a funded company, having raised a total of $1.1M across 2 funding rounds to date.
What does FarmShots do?
FarmShots was founded in 2014 in Durham, United States, as a SaaS provider in the precision agriculture sector. Satellite imagery is utilized by its analytics engine to assess farms and identify areas requiring agrochemicals or crop nutrients. Decision support is offered through annual contracts, with revenue reported at 80,000 as of September 2015 and plans outlined to achieve 100,000.
Who are the top competitors of FarmShots?
FarmShots's top competitors include Fyllo, Fasal and The Climate.
Who are FarmShots's investors?
FarmShots has 1 investor. Key investors include Syngenta.