Koidra, an intelligent automation (IA) platform company based out of Seattle, has raised $4.5 million in its seed round. Ospraie Ag Science (OAS) led this round of funding, with participation from Amritam Holdings, Cavallo Ventures, and Foothill Ventures.
Koidra was founded by the lead of Microsoft Research's winning team at the inaugural Autonomous Greenhouse Challenge. They were the only team to outperform expert Dutch growers, and they also demonstrated the massive yield and profitability improvements achievable through intelligent greenhouse automation.
Intelligent automation combines multiple disciplines—such as artificial intelligence, mathematics, and physics—to transform real-time data into useful decisions. Koidra delivers "decision intelligence" to their clients for improved operational decision making, a top technology trend identified by analyst firm Gartner. Besides operational efficiency gains, Koidra solutions also advance manufacturing businesses on their journey to achieving hyperautomation, another strategic technology trend identified by Gartner.
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