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§ Private Profile · Regina, SK, Canada
Precision AI is a technology company.
Precision AI develops artificially intelligent agriculture drones for plant-level decision-making across broad-acre farms. The company's core technology integrates advanced AI with drone capabilities to enable highly precise herbicide application and targeted crop protection, significantly reducing chemical usage and increasing operational efficiency.
Daniel McCann, a three-time startup founder with 25 years in tech, established the company in 2017. McCann's foundational insight stemmed from recognizing the potential of combining advanced artificial intelligence and drone technology to tackle key agricultural challenges. His objective was to drive more sustainable farming practices and improve food production methods.
Precision AI's technology primarily benefits farmers aiming to optimize crop management and reduce environmental impact. The company's vision is to accelerate AI-driven solutions in agriculture, working towards a future where farms are more sustainable, efficient, and capable of producing healthier food supplies for a growing global population.
Precision AI has raised $20.0M across 1 funding round.
Precision AI has raised $20.0M in total across 1 funding round.
Precision AI has raised $20.0M in total across 1 funding round.
Precision AI's investors include At One Ventures, BDC Venture Capital, Fulcrum Global Capital, OrbiMed, Golden Opportunities Fund.
Precision AI has raised $20.0M across 1 funding round. Most recently, it raised $20.0M Seed in May 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 1, 2021 | $20M Seed | AT ONE Ventures, BDC Venture Capital | Fulcrum Global Capital, OrbiMed, Golden Opportunities Fund | Announced |
Precision AI is a Canadian‑founded ag‑tech company that builds AI‑powered autonomous drones and analytics to enable plant‑level decisioning for broadacre farming, with the stated aim of improving plant health, reducing inputs and boosting farm profitability[1][7].
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Overall, Precision AI positions itself at the intersection of AI, robotics and sustainable agriculture: a company that aims to convert high‑resolution plant data into actionable, automated interventions that reduce inputs and improve farm profitability while creating commercial pathways through partnerships with cooperatives and ag companies[1][3][7].