Last deal

Amount

Venture - Series Unknown

Stage

06.03.2024

Date

3

all rounds

$2.51M

Total amount

date founded

Financing round

General

About Company
Soiltech develops wireless monitoring and analytics products that improve crop production.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2019

Number of employees

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Soiltech Wireless is an ag-tech solutions developer that designs electronic devices for agricultural professionals. Its wireless products measure soil moisture, temperature, humidity, location, and bruising, providing real-time data and actionable insights through its analytics platform and app. The company's scalable monitoring solutions enable farmers to drive efficiency, optimize quality, and improve sustainability and traceability without installation hassles. Founded in 2019 and headquartered in Rupert, Idaho, Soiltech is committed to improving crop production through innovative ag-tech solutions.
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Financials

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Number of Funding Rounds

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Money Raised

Their latest funding was raised on 06.03.2024. Their latest investor Innova Memphis. Their latest round Venture - Series Unknown

Date 
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Dean Didato

Dean Didato

Dean has consulted with Innova since 2009 on several due diligence projects focused on qualifying new technologies, patents, competition, and market acceptance. Having spent the last eight years as an international executive in the specialty chemical and bioengineering segment focused on food safety fields, Didato has extensive expertise in pathogen intervention mechanisms as they relate to food processing and consumer health. He has worked with AgBio startups such as BioDimensions, Infinite Enzymes, BioNanovations, and most recently Secure Food Solutions, where he remains a Board Member. This experience gave him a wide span of knowledge ranging from remediation of bacterial spec and spot on crops, to enzyme manufacturing through genetically modified maize, to rapid aflatoxin detection using hyperspectral imaging. Didato has assisted startups orchestrate strategic plans to accelerate revenue growth, dramatically improving value propositions that have resulted in acquisitions, strategic alliances, or licensing opportunities. Immediately prior to joining Innova, Dean was a Strategic Accounts Manager for The Vincit Group, one of the country’s largest vertically integrated food safety and solutions. During his 35+ years of professional experience he has held executive positions at Synergy Technologies, OmniLytics and Buckman Laboratories. He was recognized by the Wall Street Journal and was featured in “Virtual Teams: People Working Across Boundaries with Technology ” by Jessica Lipnack. Dean received a BS in Biology-Management from Marietta College. He also completed several post graduate management programs, including The Leadership Development Program at the Centers for Creative Leadership, and the Program on Negotiation at Harvard University.

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People

Employee Profiles
1

Ehsan Soltan

CEO

Activity

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