• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Skip to navigation
Close Ad

The Spoon

Daily news and analysis about the food tech revolution

  • Home
  • Podcasts
  • Events
  • Newsletter
  • Connect
    • Custom Events
    • Slack
    • RSS
    • Send us a Tip
  • Advertise
  • Consulting
  • About
The Spoon
  • Home
  • Podcasts
  • Newsletter
  • Events
  • Advertise
  • About

Agrylist’s $1.5M Funding Round Gives Indoor Farming Another Big Boost

by Jennifer Marston
February 9, 2018February 12, 2018Filed under:
  • Ag Tech
  • Foodtech
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to email this to a friend (Opens in new window)
Agrylist

Indoor-farming platform Agrylist has grown (pun totally intended) quickly in the last few years. Founded in 2015, the Brooklyn-based company won TechCrunch’s Disrupt San Francisco Startup Battlefield that same year. It has experienced a 500 percent jump in revenue and customers since 2016, and in 2017 added 100 new customers to its roster.

Now the “virtual agronomist,” whose platform enables indoor farmers to better manage their crops, can add new investors to its list of accomplishments. Agrilyst announced this week, via TechCrunch, that it has raised a $1.5 million funding round from iSelect Fund, Argonautic Ventures, Horizons Lab, and Onlan Capital Fund. That brings the company’s total funding amount to $2.5 million.

Agrylist targets farms ranging in size from 10,000 square feet up to five acres. Its intelligence platform helps farmers manage the entire lifecycle of a crop, from seeding to harvest as well as post-harvest analysis of data.

Right now, Agrylist supports about 800 different crops (including insects and cannabis) Farmers use the platform to create seeding plans and planting schedules, compare crop predictions to actual yields, track crop weight, units, and location, and control indoor climate. Users can also set up daily task lists and reminders, much like you would in a project-management software platform.

An Agrylist-style farm is only one kind of indoor-farming method on the market, though. Greenhouses, hoophouses, and container farms are all versions of indoor farming, along with vertical farms, which are are steadily gaining popularity. NYC startup Farmshelf has been making its way into restaurants and retail shops, and last summer, Jeff Bezos and others invested $200 million in vertical farming startup Plenty.

Together, all of these versions of indoor farming now produce $14.8 billion annually in market value, a number which is expected to increase as the population continues to grow and technology gets cheaper and more available.

As Agrylist co-founder and CEO Allison Kopf noted in a recent blog post, indoor farming can usher in all sorts of efficiencies in agriculture, from finding ways to use less water to reducing waste to producing a greater amount of healthy foods (sorry, corn). With its latest funding injection, Agrylist, who plans to move into new markets and product lines, will hopefully be able to develop innovative answers to at least some of these problems.


Related

Agrylist Raises $8M Series A for Data-Driven Indoor Farming, Rebrands as Artemis

Artemis, formerly known as the indoor-farming company Agrylist, announced today an $8 million Series A round. According to a press release via email, the round was co-led by Astanor Ventures and Talis Capital, with participation from New York State’s Empire State Development Fund and iSelect Fund. The latter two companies…

Aquaponics Company Seed & Roe Rebrands as Upward Farms, Announces $15M in Fresh Funding

Seed & Roe, an indoor farming and aquaponics company, announced today it has rebranded as Upward Farms and plans to build a new headquarter farm in Brooklyn, NY to increase production of both leafy greens and fish. Today’s announcement also comes just as the company has closed a $15 million…

Freight Farms Unveils Onsite Vertical Farming Service

Your average institution, be it a schools, company, hospital, or university, typically doesn't have the space or cash to consider an indoor farming initiative, even if it would mean putting fresher, more local greens into cafeterias and dining halls. That’s an issue Freight Farms looks to solve with the release…

Get the Spoon in your inbox

Just enter your email and we’ll take care of the rest:

Find us on some of these other platforms:

  • Apple Podcasts
  • Spotify

Post navigation

Previous Post SomaDetect Uses AI to Help Dairy Farmers Improve their Milk
Next Post Video: James Ehrlich Talks Food, Epiphanies, & the (Eco)Village of the Future

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Get The Spoon in Your Inbox

The Spoon Podcast Network!

Feed your mind! Subscribe to one of our podcasts!

Is Posha the Robotic Heir to the Thermomix? The Founders Sure Hope So
From Aspiring Pro Surfer to Delivery Robot CEO with Coco’s Zach Rash
Mark Cuban to Speak at SKS 2025
This Culinary Tech Inventor Thought He Could Build Some Parts For His Latest Gadget in the US. Then He Called Around.
Thermomix Has Long Been a Leader in Cooking Automation, But Now They’re Going Full Robot

Footer

  • About
  • Sponsor the Spoon
  • The Spoon Events
  • Spoon Plus

© 2016–2025 The Spoon. All rights reserved.

  • Facebook
  • Instagram
  • LinkedIn
  • RSS
  • Twitter
  • YouTube
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.