Arable Grabs $20M Series B Funding Round

The round is led by Prelude Ventures, and includes new participation by M2O, AVG's Nassau Street Ventures, and Tridon, as well as investment from Arable's existing investors including S2G Ventures, Middleland Capital, Ajax Strategies, and Chase Field. Mark Cupta, Managing Director at Prelude, is joining Arable's board.

Arable helps the most innovative companies in agriculture to optimize decisions and understand crop outcomes through better data. The company's integrated hardware, agronomic modeling, and software suite enables farmers, agronomists, researchers, processors, and food companies to understand the full crop system at the plant, field, and region level, which helps to reduce risk, improve productivity and optimize for sustainability.

Arable continues to receive recognition, including being awarded Irrigation Association's Best New Product of 2018, Plug & Play's Top 10 Ag Tech Companies to Watch in 2019, and THRIVE's Top 50 Companies for 2020. The Arable team, led by former Climate Corporation executive Jim Ethington, brings a diverse set of experience across crop modeling, IoT, data science, software engineering, and farm management.