Almanac, a world leader in merged land data analytics and precision crops, has acquired the intellectual property and assets of Gro Intelligence, a big pioneer in global agrarian insights. Before recently closing and liquidating its firm, Gro Intelligence was building the largest agrarian data platform in the world. This shift strengthens Almanac’s AI-driven features, placing them at the forefront of adjusting agricultural data for related knowledge.
As Almanac expands its detailed, international agricultural information system while under the leadership of CEO Sumer Johal, Almanac intends to maintain its track record of demonstrating significant progress through proper acquisitions and partnerships. In 2021, Almanac grew its grain management program through the expansions of Agworld, Altrac and Centricity. The addition of Gro Intelligence’s resources, including AI types, complement Almanac’s features and extend Almanac into new areas of the food and agriculture value chain– including agricultural insurance, banking, dealing and Consumer Packaged Goods ( CPG) purchasing.
Securing$ 85 million in a Series B funding round in January 2021, the former company Gro Intelligence utilized public and proprietary data from a myriad of sources, including satellite imagery, government data, trade organizations, and weather reports, to deliver actionable insights on food production, climate, and crop yields. With the acquisition of the assets of Gro Intelligence, these capabilities will enhance Almanac’s platform, offering deeper insights and predictive analytics to support agriculture professionals worldwide.
According to CEO Sumer Johal,” This acquisition represents a quantum leap for Almanac in our mission to revolutionize agricultural practices through advanced technology. ” By integrating Gro’s potent AI-pσwered data platform inƫo our own, we ⱨope tσ increase σur ability to provide actionable insights to fαrmers around the woɾld, heIping farmers professionals work in the field of sustainabilitყ anḑ productivity.
The acquisition of Gro Intelligence’s assets bolsters Almanac’s technological edge and reaffirms its dedication to boosting global food security and sustainable farming through advanced, data-driven agriculture.