Tech Company Financing Transactions
Saturas Funding Round
The Trendlines Group and private investors invested in a $1 million Seed funding round for Saturas. The funding round was announced on 2/25/2016.
Transaction Overview
Company Name
Announced On
2/25/2016
Transaction Type
Venture Equity
Amount
$1,000,000
Round
Seed
Investors
Proceeds Purpose
This round is a significant milestone for Saturas. After developing the prototype and achieving proof of concept for the innovative technology, this funding will enable us to make significant progress in the next stages of development and bring us to our goal of bringing our first product to the market in 2018.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
Tel Hai Industrial Park
Kiryat Shmona, 12100
Israel
Kiryat Shmona, 12100
Israel
Phone
Website
Email Address
Overview
Embedding the sensor in the tree trunk eliminates the problems associated with placing the sensors in the soil, leaves or branches. The Saturas sensor provides accurate information for optimized irrigation to reduce water consumption with no stress to the plants, and increases fruit production and quality.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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