Posts Tagged ‘FinTech’
Unlocking the Potential of Remote Sensing: Estimating Winter Cover Crop Biomass Using Sentinel-2 and Machine Learning
In the pursuit of sustainable agriculture and climate change mitigation, understanding and quantifying the biomass of cover crops during winter fallow periods is crucial. However, traditional methods for estimating cover crop biomass often lack spatial precision and objectivity. In a groundbreaking study published in Remote Sensing, researchers have harnessed the power of remote sensing technology…
Read MoreEmployee Spotlight – Yuriy Pekun
While working at the Ministry of Finance of Ukraine, Yuriy Pekun discovered a deep passion for agriculture. This led him to pursue and obtain a master’s degree in agronomy and crop science, which was a turning point in his career. Before joining the EarthDaily Agro team, he served as an agronomist for seed growing companies.…
Read More$1 Million Grant to Fund New EASY4Ag Program From EarthDaily Agro
Earlier this year, the prestigious I-NOV competition for French creative businesses and industry disruptors awarded EarthDaily Agro a significant grant of $1 million to address pressing agriculture challenges. With existing analytics capabilities and an upcoming next-generation satellite constellation, EarthDaily Agro has been recognized for major contributions to agricultural sustainability. EarthDaily Agro’s overall goal is to…
Read MoreAntarctica Capital Announces Formation of EarthDaily Analytics
NEW YORK, April 21, 2021 – Antarctica Capital, an international private equity firm, today announced the formation of EarthDaily Analytics (“EarthDaily”), an integrated data processing and analytics company offering advanced digital products and analytics for delivery to the world’s rapidly expanding global agricultural industry. EarthDaily Analytics utilizes satellites to collect vast amounts of raw imagery…
Read MoreCrop insurers adopt satellite remote sensing technology to monitor crop progress
Technology offered by EarthDaily Agro brings speed and precision in monitoring insured properties, amid the Covid-19 pandemic Crop producers in all regions of Brazil purchased more than 193,000 crop insurance policies last year covering 13.7 million hectares. This represents about 21% of Brazil’s total farming area according to the Ministry of Agriculture, Livestock and Supply…
Read MoreRevolutionizing the Agricultural Financial Market
Using Data and Technology to Mitigate Uncertainties, Increase Operational Efficiency, and Reduce Costs Founded by MIT alumni, the ag-fintech company Traive is embracing technology to disrupt the financial industry. In fact, their current mission is to revolutionize the agricultural finance sector through data technology and machine learning. Based in Brazil and the U.S., the…
Read MoreSatellite remote sensing reduces risk for agriculture credit lending
Geospatial data tools allow the crop history of each field to be analysed for better decision-making or lenders and growers Farming credit has been a fundamental tool for the development of Brazilian agriculture for decades, growing significantly to meet the demand of the Brazilian agricultural sector. Between 1995 and 2018, the amount of credit officially…
Read MoreFarmOp Capital to deploy EarthDaily Agro’ satellite crop monitoring
To help reduce risk for the company and its borrowers, FarmOp will use EarthDaily Agro’ analytics for crop performance monitoring in its lending and loan servicing operations.
Read MorePartnership with Skyline brings Index-based Insurance to Market
While Index-based insurance is widely acknowledged as a fundamental need in securing risk for under-protected segments of agriculture, the availability of such policies has been extremely limited. That is about to change. We are thrilled to be at the forefront, working with Skyline Partners, to bring an index-based insurance platform to market. This data-driven parametric…
Read More