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Briefing
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- AI Soil Analysis – Startup Trace Genomics uses machine learning to analyze soil content, detect pathogens, and optimize crop production for farmers
- How It Works – Farmers buy soil testing kit for $199 and submit sample to company who then sequences DNA of soil, providing feedback on content and pathogens within three weeks instead of three months for chemical-based tests
- Significant Funding – As of February 2017, company raised $8 million in total equity funding, including from DNA sequencing firm Illumina
- Achievements – Tested over 10,000 different soil samples from growers of lettuce, strawberries, nuts, orchards, vineyards, corn, soy, and wheat
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Accelerator
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Sector
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Agriculture, Forestry and Fishing, Healthcare/Health Sciences, Information Technology
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Organization
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Trace Genomics Inc.
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Source
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Sennaar, K., "AI in agriculture – present applications and impact",
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"Trace Genomics,"
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Knapp, A., "How this AgTech startup is giving farmers insight into their soil's health",
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Kolodny, L., "Trace Genomics launches a 23andMe for farms, raises $4 million to improve the world’s food supply",
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Farr, C., "Meet Trace Genomics, the “23andMe” of soil",
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"Soil analysis Trace Genomics brings cutting edge technology to testing,"
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AcceleratingBiz analysis
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Original Publication Date
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November 16, 2017
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