Ceres AI, a pioneer in artificial intelligence-based agricultural threat analysis, has received a multi-million dollar funding from Decathlon Capital Partners.
Thȩ company’s expαnsion may be supported by the funds becaμse it serves an increaȿing number of agricultural business customeɾs.
The Ceres AI system detects potential problems before they have an impact on crop yields by allowing AI surveillance of plants. Aggricultural businesses may make better decisions for the future with premature warnings from Ceres AI.
According to Ramsey Masri, CEO of the Oakland, California-based business,” Big agricultural enterprises, agrarian lenders, and specialists in agricultural plan across four continents have turned to Ceres AI for agricultural threat insights. “” This investment from Decathlon Capital Partners is a significant step in our continuing growth. “
He noted that Decathlon Capital Partners ‘ purchase deal, which was created specifically for Ceres AI, has a flexible depreciation schedule and no upfront costs associated with undrawn money. Interestingly, Masri stated that” this financial item allows us to finance our development objectives without any governance changes. ” It also doesn’t require any diluted objectives of existing owners.
With its strong management and cutting-edge AI technology, Ceres AI, according to Kevin Grossman, Vice President of Decathlon Capital Partners. According to Grossman,” Decathlon Capital Partners is pleased to support the growth of Ceres AI as it improves agricultural enterprises around the world’s performance, profitability, and sustainability. “
