NEWS COMMENTARY

Semios rakes in $75 million to accelerate growth of its mesh network technology

Published:
February 21, 2020
Coverage:
Emerging Ecosystems in Agrifood and Health More...
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Investment
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Semios develops a wireless pheromone-based pest monitoring and precision agriculture data system. Its recent $75 million raise, led by Morningside Group, brings its total funding to $115 million and will enable Semios to continue collecting data to improve its system's algorithms used to derive insights. When we spoke to Semios in 2018, the company covered 75,000 acres of high-value tree fruit crops in California and Washington. Now, two years later, Semios reports it is covering more than 150,000 acres of permanent crops of over 500 farms in the U.S. Clients should engage with Semios; the company's growth reflects the potential of mesh network technology in the fruit tree space, and this funding will enable Semios to expand to new regions.

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