# Croptide

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/croptide

- Industry: Agribusiness
- Headquarters: Hastings, New Zealand
- Website: www.croptide.com
- Total disclosed funding: $2.6M
- Latest round: Seed (Dec 13, 2023)
- Investors on record: 2

## About

Founded in 2021 and based in Hawkes Bay, New Zealand operates as a agricultural technology company that provides real-time plant intelligence to farmers. The company's technology is designed to provide water and health status of plants, which helps farmers to save water and improve crop yields. The company was founded by Hamish Penny (CEO) and Finn Brown (COO). In December 2024, Croptide Limited raised USD 4.25 million in seed funding from investor Icehouse Ventures, with participation from investor Ubiquity Ventures. 

The company offers water-saving agricultural technology that provides real-time water and health status data of plants. The company's products and services include internet-enabled sensors that deliver plant intelligence directly to farmers, enabling them to make more informed decisions about water usage and crop health. Croptide's technology aims to help farmers save water and improve crop yields. Additionally, Croptide operates as a hardware-as-a-service business, utilizing sensors that attach directly to the stem of permanent crops such as grapevines. The company is also developing an app that growers can use to make decisions based on the real-time plant data provided by Croptide's technology.

## Funding rounds

- Seed, Dec 13, 2023, $2.6M — Icehouse Ventures, Ubiquity Ventures

## Investors

- Icehouse Ventures (https://capitalatlas.ai/funds/icehouse-ventures) — Seed
- Ubiquity Ventures (https://capitalatlas.ai/funds/ubiquity-ventures) — Seed