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Verdi Raises $6.5M to Bring Automation to Aging Farm Infrastructure
Verdi’s Block Controller retrofits onto existing infrastructure with no trenching or rewiring required. Vancouver, Canada – Verdi, the company making irrigation automation accessible to every farm, today announced it has raised $6.5 million CAD ($4.7 million USD) in its latest oversubscribed seed round, bringing total funding to $9.5 million. The round was led by SVG Ventures, with participation from NEC, Ponderosa Ventures (a member of Galvanize Climate Solutions’ platform), Elemental Impact, GenomeBC, One Small Planet, Waterpoint Lane, Dangerous Ventures, VentureUs, Echo River Capital, Cyan Ventures, Jetstream, and Baker Hall Capital. The funding follows a breakout year for Verdi, which now powers irrigation automation for some of the world’s largest food and beverage brands on more than 5,000 acres of farmland in North America. Agriculture producers have been drawn to its ability to retrofit to existing infrastructure and deliver immediate results.
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