Sustainable Development Technology Canada (SDTC) Doubles Down on Semios with Additional $9.9 Million Investment
Vancouver, BC – Semios is pleased to announce $9.9 million in funding from Sustainable Development Technology Canada (STDC) in support of its big data initiative to improve crop yield while reducing the use of chemicals and water during production. SDTC continues to support Canadian entrepreneurs in accelerating the development and deployment of globally competitive clean technology solutions with its second substantial investment in Semios.
With this investment, Semios will develop machine learning models to predict how environmental factors and agronomic decisions impact plant stress in tree fruit and tree nut crops. Semios is building on their existing crop management network and industry-leading dataset to deliver more global economic and environmental benefits.
“Growing populations will demand maximum food production, per acre, from an industry that faces constant and increasing environmental, regulatory, and economic challenges,” says Semios Founder, and CEO, Dr. Michael Gilbert. “Managing and optimizing stress in trees is challenging and not well understood. Given the complexity of orchard ecosystems, big data and machine learning are important tools in understanding and predicting the factors that impact stress. Granular data is required to overcome the variability across orchards, geographies, and seasons. We’ll leverage data from our robust, wireless IoT network of over 500,000 in-canopy sensors to develop a better understanding of stress and its impact on production, yield, and input timing”.
“Semios is a shining example of cleantech innovation that can come from the convergence of artificial intelligence and agriculture. We’re proud to support its advancements in leveraging machine learning to improve crop production and reduce the carbon footprint of common agricultural practices,” said Leah Lawrence, President and CEO, SDTC.
Based in Vancouver, BC, Semios offers a precision farming platform that provides real-time crop data and pest management tools for tree fruit and nut growers. Leveraging a proprietary, in-orchard IoT wireless network, machine learning, and big data analytics, Semios helps growers manage insect pests, disease, frost and irrigation. The Semios analytics engine draws on multiple sources of data and information including a robust, wireless network of in-canopy IoT sensors on every customer farm measuring climate, soil moisture and insect and disease pest activity. For more information or an interview with Semios CEO, Dr. Michael Gilbert, please contact Laura Ehman: firstname.lastname@example.org or 604-229-2044.
About Sustainable Development Technology Canada
Sustainable Development Technology Canada (SDTC) is a foundation created by the Government of Canada to advance clean technology innovation in Canada by funding and supporting small and medium-sized enterprises developing and demonstrating clean technology solutions.