The Climate Corporation, a San Francisco-based digital agriculture company that examines weather, soil and field data to help farmers determine potential yield-limiting factors in their fields, has acquired VitalFields, an Estonian farm management software company.
Founded in 2011, and first called Weather Me, VitalFields is currently available in seven European countries – Austria, Estonia, Germany, Poland, Romania, Switzerland and Ukraine. The company offers an easy-to-use tool for farmers to plan, manage and analyse their field activities, including simplified tracking and reporting of all crop inputs to help ensure compliance with the European Union environmental standards.
“We share The Climate Corporation’s vision of providing one connected digital agriculture platform for farmers across the globe,” Martin Rand, the CEO and co-founder of VitalFields, said in a statement.
The VitalFields’ team will join The Climate Corporation. “VitalFields has built a successful business spanning multiple European countries, and we see how their digital tools will complement our platform offerings in the future,” Mike Stern, the CEO of The Climate Corporation, said, adding that the acquisition marks his company’s first step into the European market.
The Climate Corporation’s platform is linked to the data spanning 95 million acres across the United States and Brazil, with more than 100,000 US farmers using its digital tools.
VitalFields had previously received USD2.22 million in investment by seven Estonian and two international investors in four funding rounds. The terms of the acquisition agreement were not disclosed.
I
Cover image courtesy of VitalFields.
