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Editor’s note: News of this announcement appeared in AgFunder News (“Israeli Precision Irrigation Sensor Company Saturas Raises $1 million in Seed Funding,” by Keith Loria, February 25), New-Tech Magazine, and Geektime (both in Hebrew).
With this round, Saturas will complete development of a reliable, user-friendly, and efficient tool for precise irrigation to benefit farmers worldwide.
Saturas, a precision-agriculture company developing a miniature stem water potential (SWP) sensor, recently announced the completion of a $1 million an investment round. Saturas raised the investment from all its current shareholders (The Trendlines Group, Migal Galilee Research Institute, Anat Halgoa Solomon, and Dr. Moshe Meron) and new investors (Shlomo Nehama, Gefen Capital, and the Farmers’ Federation of Israel through its subsidiary Amir Supply Ltd.).
Anat Halgoa Solomon, CEO of Saturas, commented: “This last finance round is an important milestone for the company, as it enables us to complete the product development and execute our market penetration plan. The investment round was preceded by a series of successful field trials last year, demonstrating the proof of concept of Saturas’ embedded stem water sensor.”
Based on the research of Dr. Moshe Meron, the Company’s miniature SWP sensor is embedded in the trunks of trees, vines, and plants. Today SWP — a scientifically recognized, highly accurate parameter for determining water status in crops — can only be measured in a labor-intensive procedure. Saturas’ state-of-the-art precision agriculture sensing system comprises miniature implanted sensors, wireless transponders, and delivery of information computers, tablets or smartphones. The Saturas sensor provides accurate information for optimized irrigation, reduces water consumption without stressing the plants and increases yields, fruit size, sugar content, and quality.
Despite several sensor-based irrigation technologies available, including measuring soil and leaf moisture, the market seeks a solution that combines accuracy, ease of use, and affordability. The Saturas sensing system customizes irrigation to the crop’s real-time water needs, additionally eliminating the common problem of damage to sensors placed in the soil or on fruit or leaves by embedding the sensor in the trunk of the tree or vine.