Salin 247
Salin 247 is a technology company.
Financial History
Salin 247 has raised $50K across 1 funding round.
Frequently Asked Questions
How much funding has Salin 247 raised?
Salin 247 has raised $50K in total across 1 funding round.
Salin 247 is a technology company.
Salin 247 has raised $50K across 1 funding round.
Salin 247 has raised $50K in total across 1 funding round.
Salin 247 is a technology company specializing in the development of small-scale, lightweight, autonomous farm machinery designed primarily for corn and soybean producers. Their product platform includes autonomous planters, cultivators, and applicators that operate without the need for traditional tractors, relying on RTK GPS and machine learning for navigation and monitoring. Initially, Salin 247 offers these machines through a Farming as a Service (FaaS) model, with plans to evolve into a combined product and service offering. The company aims to reduce soil compaction, lower equipment costs, and increase operational efficiency for farmers by enabling continuous, precise fieldwork[1][2][6].
Founded in 2021 in Ames, Iowa, Salin 247 was co-founded by Dave Krog, an agronomist and economist with decades of agricultural experience, his son Ben Krog, a mechanical engineer, and Saeed Arabi, a Ph.D. in intelligent infrastructure and software lead. The idea emerged from Dave Krog’s desire to address soil compaction issues and provide more affordable, efficient farm equipment. Early traction included extensive field testing across 50 fields in seven states over three growing seasons, refining their autonomous machines to handle diverse field conditions. The company has grown into an innovation incubator space at Iowa State University’s BioCentury Research Farm to expand its development and testing capabilities[1][2][3][6].
Salin 247 rides the growing trend of automation and electrification in agriculture, addressing critical challenges such as soil health, labor shortages, and cost pressures. The timing is favorable due to increasing demand for sustainable farming practices and advances in autonomous vehicle technology. By offering a scalable, autonomous platform that can be adapted for multiple field tasks, Salin 247 influences the agricultural technology ecosystem by pushing forward lightweight, precision farming solutions that can increase productivity while minimizing environmental impact[1][2][6].
Looking ahead, Salin 247 is poised to expand its product and service offerings beyond the initial FaaS model, potentially scaling through partnerships for assembly, sales, and customer support. Trends such as AI integration, battery technology improvements, and data-driven farming will shape their evolution. Their influence may grow as they demonstrate the viability of autonomous, lightweight equipment in large-scale crop production, potentially transforming traditional farming operations and contributing to more sustainable agriculture. The company’s foundation in agronomy and engineering expertise, combined with ongoing field validation, positions it well to capitalize on the increasing adoption of autonomous farm machinery[1][2][3][6].
Salin 247 has raised $50K in total across 1 funding round.
Salin 247's investors include Ag Startup Engine, Breakthrough Energy Ventures, Clean Energy Ventures, Vitalize Venture Group, Wind Ventures.
Salin 247 has raised $50K across 1 funding round. Most recently, it raised $50K Seed in October 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2021 | $50K Seed | Ag Startup Engine, Breakthrough Energy Ventures, Clean Energy Ventures, Vitalize Venture Group, Wind Ventures |