SILICON VALLEY, Calif.–(BUSINESS WIRE)–May 11, 2020–
Yamaha Motor Ventures & Laboratory Silicon Valley, Inc. (Yamaha Motor Ventures), the strategic enterprise improvement and funding arm of Yamaha Motor Co., Ltd. (Tokyo: 7272), right this moment introduced it led a $11 million AUD preliminary funding spherical for The Yield Technology Solutions Ltd. (The Yield), an award-winning Australian ag tech firm remodeling farming practices for irrigation-intensive crops with scalable digital expertise options. Leveraging the USD $100 million Yamaha Motor Exploratory Fund, The Yield funding represents a strategic focus to help the applying of data-driven options to the whole meals provide chain in Yamaha Motor Ventures’ portfolio of ag tech enterprises.
“Our strategic investment approach to the global agriculture sector, centered on precision solutions and hyperlocal management of crops, led us to The Yield and its impressive ability to deliver actionable agronomic insights to the specialty crop industry,” mentioned Nolan Paul, Partner and Global Ag Tech Lead for Yamaha Motor Ventures. “The Yield collaborates closely with sophisticated growers to drive clear ROI across a range of high-value crops. This investment opportunity is a key synergistic addition to the Yamaha Motor Ventures portfolio.”
The $11 million AUD funding spherical led by Yamaha Motor Ventures additionally included participation from the Bosch Group.
The Yield’s Sensing+ platform provides in-field microclimate information to the corporate’s proprietary AI modeling software, delivering predictive insights to massive industrial growers to assist handle essential manufacturing selections round irrigation, feeding, planting, safety, and harvest.
“With so much activity in the ag tech market, we’re delighted to be identified and valued by a specialty crops domain expert like Yamaha Motor Ventures,” mentioned Ros Harvey, founder and managing director of The Yield. “Our technology is poised to make a significant impact on the productivity and profitability of corporate growers, beginning with those here in Australia and New Zealand.”
About The Yield Technology Solutions
Based in Sydney, The Yield is a extremely awarded Australian agricultural expertise firm on a mission to remodel meals and farming practices with scalable digital expertise. Selected as a 2020 THRIVE Top 50 Scaling and Visionary AgTech Company, The Yield makes use of Internet of Things (IoT), information science and synthetic intelligence (AI) to energy its expertise to resolve actual challenges at farm stage and all through the meals chain. www.theyield.com
About Yamaha Motor Ventures & Laboratory Silicon Valley
Yamaha Motor Ventures & Laboratory Silicon Valley, Inc. (Yamaha Motor Ventures) is a completely owned subsidiary of Yamaha Motor Co., Ltd. (YMC). Founded in 2015 in help of YMC’s long-term aim to contribute to society by way of enterprise, Yamaha Motor Ventures manages the Yamaha Motor Exploratory Fund, a USD $100 million funding fund with a 10-year lifecycle centered on seed to Series B investments. Headquartered within the house of innovation, Silicon Valley, Calif., Yamaha Motor Ventures provides a wealth of enterprise improvement sources to startup corporations to drive innovation ahead within the fields of mobility, sustainability, robotics, meals and agriculture, well being and wellness, and aviation.
For extra data go to www.ymvsv.com.
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