Tekfen Ventures, Cisco Investments and Qualcomm Ventures are set to exit the crop monitoring technology developer later this year in a deal with Valmont Industries.
Agricultural equipment producer Valmont Industries agreed on Wednesday to acquire Israel-based agriculture technology provider Prospera Technologies for approximately $300m, allowing corporates Tekfen, Qualcomm and Cisco to exit. Prospera has developed a software platform which uses machine learning and computer vision technology to monitor and analyse the growth and health of crops, recording climate and visual…
This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.