Farming Technology – Picketa Systems Raises $1.4 Million for Plant Tissue Analysis
Agriculture is an integral part of the Canadian economy. It provides 1 in 9 Canadian jobs and makes up 6.8% of Canada’s GDP. Recently, there have been calls for a national strategy and increased innovation in the sector. Picketa Systems is taking advantage of this demand and a nearly 6% compound annual growth rate to make a name for itself in the Canadian agricultural market.
Picketa Systems is a New Brunswick-based agriculture startup that raised $1.4 million to develop an onsite plant tissue analysis system for farmers. The new technology received funding from Tall Grass Ventures, Startup TNT, Koan Capital, along with numerous others. It allows farms to quickly assess the quality of their potato crops without sending samples to a laboratory. This saves farmers time and allows for a faster reaction to nutrient-related issues.
In contrast, the current process for assessing plant nutrients is time-consuming, requiring access to a physical laboratory. Farmers typically obtain a minimum of 20 different samples from various areas in their fields and send at least 100 grams of material to the lab. Nevertheless, these fertility management processes are valuable for farms, helping to ensure that more crops succeed.
Picketa Systems plans to expand its technology to support other crops in the near future. Time will tell whether Picketa Systems’ technology causes innovative disruption to the agricultural industry.
Author: Adam Dickinson
Photo Credit: https://unsplash.com/@dmey503
Expertise
Insights
-
Technology
How Sniff is Rethinking Local Social Networking
A new iOS app called Sniff is taking a different approach to social networking by connecting dog owners within the same neighbourhood. Rather than encouraging users to build broad online communities… -
Technology
Self-Driving Car Service, Waymo, has Eyes on Toronto
The fully autonomous ridesharing service, Waymo, is looking to add a new ridesharing option for Torontonians with self-driving vehicles. Waymo is a driverless taxi service where users can hail an… -
Technology
Is Honor Device Co. Honourable Enough to Win Canada Over?
Four years after Canada shut Huawei out of its 5G networks, one of its former subsidiaries is hoping for a second chance in the Canadian market. Honor Device Co., a Chinese consumer electronics… -
Technology
Xanadu Quantum: the Frontier of Practical Quantum Computing
Quantum computers have long been promised to reshape the leading edge of computing technology, facilitating machines capable of completing operations unthinkably time-intensive for classical computers… -
Technology
Google’s Next Chapter in Wearable Health Tech: The Google Fitbit Air
Another day, another wearable technology product is hitting the market, but this one arrives with the weight of Google behind it and a price designed to undercut the competition.Back in January… -
Technology
Canada Proposes an Under-16 Social Media Ban
The Canadian federal government recently introduced the Safe Social Media Act in Parliament. If the bill is successful, Canadian children under the age of 16 will no longer be able to have accounts on…