Ag Startup Engine, a seed capital program for agricultural startups, on Wednesday announced Farmwave as the latest company to join its portfolio.
According to the news release, Farmwave offers a solution to monitoring and managing mechanical harvest loss. Using AI software, the company has developed a system of cameras that mount on the combine in three specific locations to continuously monitor mechanical yield loss, the release said. The cameras count losses every three to five seconds, allowing an operator to make adjustments as needed such as changing the pace of harvest, changing their tilt headings, or making mechanical alterations.
“We’re excited to be part of the growing community and relationship that ASE brings to Farmwave,” CEO and founder Craig Ganssle said in the release. “We look forward to expanding those relationships with our own connections around the world and adding value as a leader in artificial intelligence in the agriculture industry.”
Colin Hurd, co-director for the Ag Startup Engine, said, “What intrigued me about Farmwave was the simplicity of the value proposition to farmers. We see a lot of technology looking for a problem but the Farmwave team found the problem and built some very impressive technology to solve it.” More information about Farmwave is available on its website.