June 25, 2022

Aikenong, the primary Chinese language sensible planting determination products and services supplier, introduced on Thursday that it has raised over 100 million yuan ($14.9 million) in Sequence A and Sequence A+ financing. Sequence A was once led by means of Supply Code Capital, and Sequence A+ was once led by means of GL Ventures and IDG. Linear Capital and Bits x Bites have been co-investors in each rounds.

Established in 2016, Aikenong focuses on offering full-fertility sensible planting determination steering products and services to agricultural manufacturers.

Maximum virtual agriculture fashions inside the marketplace are in line with sensor {hardware} for records assortment and program control. Then again, Aikenong has constructed the Aikenong Good Planting Choice-Making Device thru its independently advanced “plant-soil-atmosphere continuum” style and large data-driven clever agriculture generation machine, mixed with trendy applied sciences akin to satellite tv for pc and drone far flung sensing tracking, AI prediction and cellular web. Computerized farming answers for various areas are created by means of inputting records from the corresponding farmland.

The core R&D staff are scientists and dozens of medical doctors from best analysis establishments in China, america and the United Kingdom. The corporate additionally cooperates with best establishments on this planet, akin to Wageningen College and Analysis within the Netherlands, Rothamsted Analysis in the United Kingdom and Bayer Staff in Germany, to frequently advertise analysis within the box of agricultural AI. In the past, the carrier scope covers greater than 10 provinces and towns in China, serving 26 million mu of land and bettering moderate harvests by means of about 200 yuan.

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Guo Jianming, the founder and CEO of Aikenong, stated that records of the products and services those years confirmed that their virtual equipment can already lend a hand farmers build up yielding by means of 5% to fifteen% in line with 10% to twenty% lower price inputs with out IoT units.