Agritech startup CropIn raises $20 mn from Temasek-backed ABC World, others

Artificial intelligence and data-led agritech startup CropIn has raised $20 million in a Series C funding round led by ABC World Asia, an Asia-focused private equity fund. Existing investors Chiratae Ventures, Invested Development and Ankur Capital also participated in this funding round. Other new investors include CDC Group and Kris Gopalakrishnan’s family office Pratithi Investment Trust.

With this new round of investment, the Bill & Melinda Gates Foundation-backed startup has raised a total funding of $33.1 million to date.

CropIn will use this capital infusion to focus on its global expansion, while continuing to innovate on its machine learning-based predictive analytics platform, SmartRisk to further strengthen its artificial intelligence capabilities. It is also investing to penetrate deeper in its target