AgriSync, a four-year-old AgTech company based in Waukee, Iowa, announced that they had closed a seed investment round this morning. Casey Niemann, AgriSync’s President and CEO said the funding will be used to “expand our marketing, sales and product enhancement efforts” in a release.
The company declined to release the total size of this round or its terms but has previously raised more than $870,000 in investment capital, according to public filings with the SEC.
The round was led byInnova Memphis, a fund affiliated with the Memphis Bioworks Foundation. Other participating funders include two Iowa-based investors, Ag Ventures Alliance of Mason City and Twelve 19 Ventures of Des Moines, along with Innovation in Motion (iiM) and Farm Journal from the Kansas City-area and Innovative Livestock Services of Great Bend, Kan.