In California, Ceres Imaging, an aerial spectral imagery and analytics company serving the agricultural sector, raised a $5 million Series A round led by Romulus Capital. Ceres will use the funding to scale in its current markets, speed entry into new crops and hire additional staff.
Ceres Imaging captures, processes and delivers high-resolution spectral imagery-as-a-service for agriculture. To capture the most effective images and data, the company places its proprietary, custom-built cameras on fixed wing aircraft, gathering data at a higher resolution and quality than satellite imagery with far greater scale and consistency than is possible with drones.
Ceres’ spectral imagery products and analytics provide growers with specific guidance to optimize water and fertilizer decisions in real-time, offering them early warnings on plant health throughout the growing season while there is still time to act. There is no upfront cost and customers pay by the acre, on a subscription basis.