
Fruitcast
FruitCast offers yield forecasting services for soft-fruit growers, using an unique Al-enabled data analytics platform.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor investor investor | €0.0 | round | |
investor | €0.0 | round | |
* | £2.8m | Seed | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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FruitCast operates in the agricultural technology sector, providing AI-driven yield forecasting and farm management solutions specifically for soft fruit growers. The company leverages advanced AI algorithms to non-destructively measure individual fruit numbers, weight, and maturity, enabling accurate yield predictions up to six weeks in advance. This technology helps farmers improve labor management and make informed decisions, thereby shifting power back into the hands of growers. FruitCast serves soft fruit farmers who seek to optimize their yield forecasts and streamline their farm operations. The business model is based on offering a subscription service for its AI-enabled data analytics platform, which integrates seamlessly with existing farm infrastructure. Revenue is generated through subscription fees and potentially through additional services such as data logging and problem area monitoring.
Keywords: AI, yield forecasting, soft fruits, farm management, data analytics, labor management, predictive analytics, agriculture technology, non-destructive measurement, subscription service.