Agriculture analytics software producer Regrow has picked up series A funding from investors including Main Sequence Ventures.

US-based agriculture analytics software producer Regrow has closed a $17m series A round backed by Main Sequence Ventures, the venture capital firm formed by Commonwealth Scientific and Industrial Research Organisation.
Agricultural conglomerate Cargill and M12, the corporate venturing arm of software producer Microsoft, also took part in the round.
Ajax Strategies, Tenacious Ventures, Airtree Ventures and Jeremey and Hannelore Grantham Environmental Trust’s Neglected Climate Opportunities fund filled out the round.
Regrow has built a crop management and analytics platform that enables farmers to make decisions that improve crop yield and sustainability.
The business was formed through the merger of its predecessor FluroSat and soil health technology developer Dagan in February 2021.
Regrow will use the series A funding to support the global rollout of its new monitoring, reporting and verification tool, which integrates with farm management systems to help farmers quantify their carbon credits and assess their ecosystem impact.
The company has raised at least $25.6m of funding since it was founded in 2016. Regrow received $3.2m in a 2019 round led by M12 that included Main Sequence Ventures, Artesian/GRDC GrainInnovate Fund, Costanoa Ventures, Muru-D, Space Capital, Artesian Clean Energy Seed Fund and AirTree Ventures.
The Australian state-owned Cotton Research and Development Corporation led a $1.2m round for Regrow in 2017 that featured Main Sequence Ventures, AirTree and unnamed strategic backers.