Seed-X
Seed-X is a technology company.
Financial History
Seed-X has raised $10.0M across 1 funding round.
Frequently Asked Questions
How much funding has Seed-X raised?
Seed-X has raised $10.0M in total across 1 funding round.
Seed-X is a technology company.
Seed-X has raised $10.0M across 1 funding round.
Seed-X has raised $10.0M in total across 1 funding round.
Seed-X has raised $10.0M in total across 1 funding round.
Seed-X's investors include iAngels, NEVA SGR, Alessandro Chiaffredo, Jacopo Paoletti, Valerio Foddai.
Seed-X Technologies is an AI-driven Agtech company that builds a platform using machine vision and deep learning to analyze seeds at the single-seed level, identifying genetic traits, germination potential, purity, and quality without destructive testing.[1][2][5] It serves seed breeders, producers, and food companies in the agricultural sector, solving problems like wasteful conventional seed selection, inefficient breeding cycles, and supply chain quality control by enabling faster, more sustainable sorting and optimization.[1][4][5] With $17M raised since 2016 and partnerships like Advanta Seeds and Gro Alliance's Vegetable Seed Improvement Center, Seed-X shows strong growth momentum through product expansions like GeNee Breeder and sorting machines.[1][2]
Seed-X was founded in 2016 in Israel (with headquarters now in Wilmington, Delaware) by Sarel Ashkenazy (CEO) and a team leveraging expertise in computer vision and AI.[1][5] The idea emerged from non-agricultural roots: one founder previously built face.com (acquired by Facebook) and FDNA, which correlated facial features to human DNA, inspiring a similar "seed face" to genetics approach for agriculture.[5] Early traction came from proving AI's potential in phenotype analysis, winning the 2019 AgFunder AgriFood Tech Innovation Award, and launching the portable GeNee Breeder tool to shorten breeding cycles.[5] Pivotal moments include a $10M Series A in 2022 and partnerships like Advanta Seeds for seed processing upgrades.[2]
Seed-X rides the Agtech AI wave, applying computer vision to precision agriculture amid rising demands for sustainable food production, supply chain traceability, and climate-resilient crops.[1][2][5] Timing aligns with global pressures like food security, reduced chemical use, and efficiency gains—conventional breeding is "wasteful and hit-or-miss," while Seed-X cuts timelines and inputs.[5] Market forces favoring it include Agtech funding growth, labor shortages in farming, and big data from phenotyping transforming seed markets into standards for quality attributes.[3][5] It influences the ecosystem by enabling breeders/producers to optimize lots, minimize unsold inventory, and support premium seeds, as seen in facilities like Gro Alliance's Davis center—the only one in the Western Hemisphere with this tech.[1]
Seed-X is poised to scale its platform across more crops and grains, expanding sorting machines and big data analytics to set industry standards for AI-driven phenotyping.[1][5] Trends like AI democratization in Agtech, regulatory pushes for sustainability, and partnerships with majors (e.g., Bayer alumni leadership) will accelerate adoption, potentially capturing share in the $500B+ seed market.[1][2] Its influence may evolve from niche innovator to essential infrastructure, empowering farmers with "right seed" selection for resilient yields—reinforcing its vision of a smarter, secure food future from the seed up.[5][6]
Seed-X has raised $10.0M across 1 funding round. Most recently, it raised $10.0M Series A in June 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2022 | $10.0M Series A | iAngels, NEVA SGR, Alessandro Chiaffredo, Jacopo Paoletti, Valerio Foddai |