CropX Awarded as Technology Pioneer by World Economic Forum
20 June, 2021
CropX, which developed a farm management platform based on real-time soil data, made it to the selection for its contributions in the field of precision agriculture
CropX, the Israel-based company that produces the world’s first and do-it-yourself (“DIY”) farm management platform based on real-time soil data, was selected among hundreds of candidates as one of the World Economic Forum’s “Technology Pioneers”. CropX is an Ag-analytics company that revolutionized and automated the farm decision-making process by developing the world’s first and only farm management platform based on real-time soil data measured by proprietary self-installable soil sensors.
The World Economic Forum’s Technology Pioneers are early to growth-stage companies from around the world that are involved in the use of new technologies and innovation that are poised to have a significant impact on business and society.
With their selection as Technology Pioneer, CEO Tomer Tzach of CropX will be invited to participate at World Economic Forum activities, events and discussions throughout the year. CropX will also contribute to Forum initiatives over the next two years, working with global leaders to help address key industry and societal issues.
“We’re excited to welcome CropX to our 2021 cohort of Technology Pioneers,” says Susan Nesbitt, Head of the Global Innovators Community, World Economic Forum. “CropX and its fellow pioneers are developing technologies that can help society solve some of its most pressing issues. We look forward to their contribution to the World Economic Forum in its commitment to improving the state of the world.”
“It’s great to be acknowledged as pioneer by the World Economic Forum”, said CropX’s Tomer Tzach. “It is a confirmation our technology is among the most unique in the world and can improve the lives of many people. Our technology can help feed a growing population in the face of environmental concerns and we look forward to contributing to the Forum dialogues on this challenge.”
For the first time in the community’s history, over 30% of the cohort are led by women. The firms also come from regions all around the world, extending their community far beyond Silicon Valley. This year’s cohort includes start-ups from 26 countries, with UAE, El Salvador, Ethiopia and Zimbabwe represented for the first time.
The diversity of these companies extends to their innovations as well. 2021 Tech Pioneer firms are shaping the future by advancing technologies such as AI, IoT, robotics, blockchain, biotechnology and many more. The full list of Technology Pioneers can be found here.
Technology Pioneers have been selected based on the community’s selection criteria, which includes innovation, impact and leadership as well as the company’s relevance with the World Economic Forum’s Platforms.
CropX is an AgAnalytics whose vision is to revolutionize & automate the farm and the decision-making process by combining above-ground data sets with real-time soil data measured by proprietary in-house-developed soil sensors that transmit the data to a cloud-based platform, and analyzed by AI-based algorithms, to provide insights & automations via the CropX app.
serving over 1,200 paying customers with almost 8,500 installations since its launch in 2017, CropX has demonstrated over 40% water savings across different crop types, with 10% yield increase. Backed by a world-class syndicate of strategic partners & investors and having raised over $20M in funding rounds including a recent B-round, CropX is determined to continue its global expansion, acting as the Big-Data North star for the entire global AgFood value chain