A big win for Agtech AI? Prospera acquired by Valmont for $3

A big win for Agtech AI? Prospera acquired by Valmont for $300M


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A big win for Agtech AI? Prospera acquired by Valmont for $300M
Israeli startup Prospera develops AI-driven agriculture management technologies and will join the American farming manufacturer to create "the largest... AI company in agriculture"
Oshry Alkeslasi
/
6 May 2021

2 min read
Israeli Agtech startup Prospera announced yesterday that it will be acquired by Valmont - a U.S. manufacturer of farming infrastructure - for a total of $300 million. The Israeli company had only raised $26 million to date. Due to Valmont’s NYSE listing, the acquisition should be finalized by Q2 this year. As part of the deal, Prospera employees will receive stock options in Valmont.

Related Keywords

Germany , Israel , Israeli , German , Raviv Itzhaki , Shimon Shpiz , Daniel Koppel , Qualcomm , Israeli Agtech , Bessemer Venture Partners , ஜெர்மனி , இஸ்ரேல் , இஸ்ரேலி , ஜெர்மன் , டேனியல் கொப்ப்பெல் , குவால்காம் , பெஸ்ஸெமர் துணிகர கூட்டாளர்கள் ,

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