Arable Raises $20M to Digitize Agriculture and Optimize the Food System

SAN FRANCISCO–(BUSINESS WIRE)–Arable, the pioneer in data solutions for agriculture, has just successfully closed a $20M Series B to help digitize and optimize decisions from seed breeding to food production. 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.

After experiencing just over 300% sales growth through the third quarter of 2020, investor confidence in Arable’s technology is a signal of the critical role that data plays in optimizing the…