# Ukko Agro

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ukko-agro-2

- Industry: Agribusiness
- Headquarters: Toronto, Canada
- Website: www.ukko.ag
- Total disclosed funding: $5.1M
- Latest round: Seed (Dec 16, 2021)
- Investors on record: 5

## About

Ukko Agro Inc. is a Toronto-based company that develops advanced agricultural technology solutions, focusing on predictive analytics tailored for crop management through innovative platforms. Their approach enhances decision-making processes for agronomists and farmers.Founded in 2017 in Toronto, Canada, Ukko Agro Inc. specializes in agricultural technology, particularly through its flagship product, Ukko ForeSite. The company has not undergone any significant changes in its business strategy or operations since its inception. Ketan Kaushish is the founder, and the current CEO is Avi Bhargava. In December 2021, Ukko Agro Inc. raised USD 5.1 million in Seed funding led by Conexus Venture Capital, with participation from AG Capital Canada, PIC Investment Group, TELUS Ventures, and Whitecap Venture Partners, bringing the total amount raised to USD 5.1 million.Ukko Agro specializes in providing advanced agricultural technology solutions, primarily through its flagship product, Ukko ForeSite. This weather-driven predictive analytics platform utilizes machine learning and Field Adaptive and Integrated Modeling (FAIM) to offer real-time agronomic insights tailored for a variety of crops, including canola, corn, lentils, potatoes, soybeans, and wheat. Users can create an exclusive weather network using both in-field and virtual weather stations to access localized weather analytics. ForeSite aids agronomists and growers in making informed decisions related to crop growth stages, disease risk modeling, and optimal application timing for fertilizers and pesticides. Its primary clients include agricultural retailers, agronomy service providers, and farmers, particularly in North America, with plans to expand into international markets such as Brazil.Ukko Agro operates on a subscription-based revenue model, allowing clients to access the Ukko ForeSite platform for a fee that varies based on service levels and user numbers. Transactions occur between Ukko Agro and agricultural retailers or direct farm operators, where clients subscribe to gain insights that enhance operational efficiency and sales opportunities. These subscriptions can include various tiers offering different services, such as detailed disease risk modeling, crop growth staging information, and customized weather analytics. The platform also facilitates in-app marketing, enhancing customer relationships. Pricing structures are tailored to meet the unique needs of each client.As part of its future growth strategy, Ukko Agro plans to develop new products that enhance its offerings in agricultural technology. The company aims to expand its services into international markets, including Brazil, by 2023. The recent Seed funding round of USD 5.1 million will support these initiatives, enabling the development of additional features for the Ukko ForeSite platform and fostering the company's expansion into new geographic regions.

## Funding rounds

- Seed, Dec 16, 2021, $5.1M — Whitecap Venture Partners, TELUS Ventures, PIC Investment Group, Conexus Venture Capital, AG Capital Canada

## Investors

- Whitecap Venture Partners (https://capitalatlas.ai/funds/whitecap-venture-partners) — Seed
- TELUS Ventures (https://capitalatlas.ai/funds/telus-ventures) — Seed
- PIC Investment Group — Seed
- Conexus Venture Capital (https://capitalatlas.ai/funds/conexus-venture-capital) — Seed
- AG Capital Canada (https://capitalatlas.ai/funds/ag-capital-canada) — Seed