Fasal Raises USD1.6 Million from Omnivore and Wavemaker Partners
Posted On: 30 Oct 2019 | Source(s): AgFunderNews | Author(s): Richard Martyn-Hemphill
Fasal, an India-based precision agriculture platform, has secured USD1.6 million in seed funding from early-stage venture capital fund managers Omnivore and Wavemaker Partners. Other investors in the round include venture capital firms Mount Parker Ventures, Animoca, Mistletoe, Zeroth, and Artesian Ventures. The company, which uses an AI-powered platform and on-farm sensors to stream live data on crop conditions to farmers’ mobile devices, will use the funding to enhance its AI capabilities, launch a lower-cost field sensor array, and scale its sales force.