Electric Plant raises $11.2 million for plant signal AI
Electric Plant emerged from stealth with $11.2 million in seed funding and introduced its Bombadil model for interpreting plants' electrical signals, according to Technology.org. Onto Ventures and Climactic led the round, with participation from Ponderosa, Endeavor Catalyst, Ludlow, Michigan Rise, The Fund, Schox VC and Dug Song.
The company's Bud sensor attaches to a plant with stainless steel screws that reach the cambium beneath the bark. It measures changes in electrical signals and sends the readings through a low power wireless network to a base station. Bombadil analyzes the data in the cloud and provides information that growers can use to adjust watering and fertilizer schedules.
Bombadil was trained on signal data from 100 plant species and can interpret signals from about 125 species. Electric Plant says growers need about two sensors per acre, with each sensor costing tens of dollars. Chief executive Justin Mast claims the system can cut water use by 20% or more. The company has not named its first customers.
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