CultYvate, an IoT-enabled agritech platform by Farms2Fork Technologies Pvt Ltd, raised Rs 4.5 crore in a Pre-Series A round. The round was led by Sirius One Capital Fund, alongside other marquee investors, including Sunicon, The Chennai Angels, LV Angel Fund, and Prodapt Technology Holding.
The freshly-infused fund would be influenced towards refining the technology to make the services more attainable, affordable, and simpler. It would also be utilized for the expansion of geological presence in Punjab, Haryana, and Maharashtra, as well as talent possession for developing AI/ML and remote sensing.
CultYvate is also poised to devise solutions on monetization opportunities that can minimize the cost of ownership for the farmers.