The Yield
The Yield is an Internet of Things Agricultural Technology start-up.
Backed by
Raised 7.15M EQUITY on May 11, 2020
About
The Yield operates Sensing+, an IoT platform that collects in-field microclimate data to feed AI predictive models optimizing irrigation, feeding, planting, protection and harvest for commercial and specialty crop growers.
Mission
The Yield provides a Sensing+ platform that captures in-field microclimate data and feeds a proprietary AI modeling application to deliver predictive insights for irrigation, feeding, planting, protection, and harvest. The company targets large commercial and specialty crop growers, emphasizing clear ROI for irrigation-intensive production. Its technology stack leverages IoT, data science, and artificial intelligence to scale digital solutions across the food supply chain. The Yield is highly awarded and was selected as a 2020 THRIVE Top 50 Scaling and Visionary AgTech Company. The company is based in Sydney and is focused initially on growers in Australia and New Zealand. Financially, The Yield recently closed an AUD $11 million initial funding round led by Yamaha Motor Ventures, with participation from the Bosch Group. The Yield provides Sensing+, a platform that unites sensors, hardware and software with predictive analytics and artificial intelligence to help growers make critical on-farm decisions. The company is led by Founder and Managing Director Ros Harvey. It raised $6.5M in a Series A round and has raised $11.5M over two years. Early seed support included a $1M Accelerating Commercialisation Grant from the Australian Government in 2015. The new funding will be used to bring its platform to the Australian market in the second half of 2017, accelerate new product development, and grow sales and marketing capabilities in Australia.
Quick Facts
Founded
2014
Funding
EQUITY
Industry
AgTech, Information Technology, Internet of Things
Team Size
11-50
Headquarters
Surry Hills, New South Wales, Australia
Careers
View Careers PageThe Yield
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