# Prospera Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/prospera-technologies

- Industry: Software
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.prospera.ag
- Total disclosed funding: $22M
- Latest round: Series B (Jun 12, 2019)
- Investors on record: 5

## About

Founded in 2014 and based Tel Aviv, Israel, Prospera Technologies Limited also known as Prospera is an agriculture technology data company that develops intelligence solutions for farmers to monitor and analyze crop development. Prospera Technologies was founded by its CEO Daniel Koppel, Raviv Itzhaky and Shimon Shpiz. The company employs computer scientists, physicists and agronomists in addition to experienced agri-business leaders. In May 2021, the company was acquired by Valmont Industries, Inc, a provider of engineered products and services for infrastructure and irrigation equipment and services for agriculture. In June 2019, Prospera Technologies Limited raised an undisclosed amount of series B funding led by new investor Tekfen Ventures.

Prospera develops computer vision technologies that continuously monitor and analyze plant health, development and stress. Prospera analyzes field images with convolutional neural networks to identify pests and diseases, monitor agro-technical activities and collect yield data. They use deep learning techniques to solve multi-dimensional planning and assignment optimization problems on the collected data across massive data sets. Prospera also captures climate and visual data from the field and provides actionable insights to growers via mobile and web.

## Funding rounds

- Series B, Jun 12, 2019 — Tekfen Ventures
- Series B, Jul 25, 2017, $15M — ICV Partners, Bessemer Venture Partners, Qualcomm Ventures, Cisco Investments
- Series A, Jul 26, 2016, $7M — Bessemer Venture Partners
- Seed, Jun 3, 2015 — Bessemer Venture Partners

## Investors

- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Seed, Series A, Series B
- ICV Partners (https://capitalatlas.ai/funds/icv-partners) — Series B
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series B
- Cisco Investments (https://capitalatlas.ai/funds/cisco-investments) — Series B
- Tekfen Ventures (https://capitalatlas.ai/funds/tekfen-ventures) — Series B
