FruitCast, a new AI-powered forecasting tool, has officially received enough funding to launch in 2024. FruitCast was created to help farmers, and growers predict fruit growth development so that margins and labor can be planned out ahead of the season. This allows suppliers to accurately predict how much produce will come from a set of crops to inform the company they are selling to.
FruitCast relies on a large AI-powered database to help it forecast crop growth more efficiently than other suppliers.
“Raising this capital is a testament to the developer Raymond Martin and the team who have created a cutting-edge tool that is immensely valuable to growers. It could be a game-changer for an industry plagued by challenges that are persistently squeezing margins. […] This, combined with the depth of understanding of practical agriculture and proven capability, has made FruitCast attractive to agritech investors in what is a competitive and noisy marketplace,” said FruitCast CEO Richard Williamson.
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