640 Labs

640 Labs

Precision farming platform that collects, analyzes and distributes data, effectively optimizing farming operations. Learn more
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DateInvestorsAmountRound

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$2.7m

Seed

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Acquisition
Total FundingCAD3.7m

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640 Labs, a subsidiary of The Climate Corporation, operates in the agricultural technology sector, providing data-driven solutions to farmers and agronomists. The company offers a comprehensive platform called Climate FieldView, which integrates data from various farming equipment and software systems to help users collect, store, and analyze field data. This platform enables farmers to build customized seed and fertility prescriptions, monitor crop progress in real-time, and identify potential issues early through high-quality imagery. The primary clients are farmers and agronomic professionals who seek to optimize their crop yields and investment through data-driven insights. The business model is subscription-based, where users pay for access to the platform and its various tools and features. Revenue is generated through these subscriptions as well as potential partnerships with agricultural equipment manufacturers and software providers.

Keywords: agricultural technology, data management, crop optimization, field data, seed prescriptions, fertility plans, real-time monitoring, high-quality imagery, subscription model, agronomic insights.