CeresAI Raises $13M In Funding Led By Remus Capital For AI Platform Expansion

CeresAI, a San Francisco-based data and artificial intelligence company, raised $13M in funding led by Remus Capital to expand its Artificial Intelligence for Agricultural Intelligence (“AI for AI”) platform and roll out new products for its agribusiness and financial-services customers. Led by CEO Ramsey Masri, the company provides high-resolution insights that combine advanced imagery, AI analytics, and field-scale data to help agribusinesses, insurers, and lenders better manage risk and optimize outcomes. CeresAI has analyzed more than 17 billion plant-level measurements across 32 million acres and operates across North America, Europe, Latin America, and Australia. FOUNDER: Ashwin Madgavkar INVESTOR: Remus Capital AMOUNT: $13,000,000 HQ: #SanFrancisco #California #VentureCapital #CeresAI #AshwinMadgavkar #RemusCapital #RamseyMasri #TradedVC

More Deals

View All

Barilla Acquires GOODLES For $88 Million Supported By Celebrity And Institutional InvestorsBarilla is acquiring GOODLES, the fast-growing better-for-you mac & cheese brand founded by Jen Zeszut and Paul Earle in 2020. Financial terms were not disclosed. GOODLES was last valued at $88M following its 2023 funding round. Built remotely during the pandemic after pitching 100+ investors and testing more than 1,000 product iterations, GOODLES launched in late 2021 with four flavors and sold through its initial inventory in just two weeks. The brand has since expanded across Target, Whole Foods, Walmart, Costco and other major retailers, growing from 0.8% to 7.8% of U.S. shelf-stable mac & cheese spending in three years and reaching profitability in 2024. GOODLES raised capital from an unusually deep mix of institutional, celebrity and athlete investors. Its publicly disclosed backers include L Catterton, Springdale Ventures, Third Craft Partners, Willow Growth Partners, Alumni Ventures, Purple Arch Ventures, 1st Course Capital, GingerBread Capital, Cosmic Venture Partners, Electric Feel Ventures and IMG-Endeavor, alongside Gal Gadot, David Grutman, Christina Aguilera, Matt Rutler, Klay Thompson, Khris Middleton, Domantas Sabonis, DK Metcalf, Weston McKennie, Sergio Garcia, Aaron Gordon, Marcus Smart, Ilana Muhlstein, Marissa Hermer, Mau y Ricky, The Montaners, Biz Stone and Allison Rose. Its $13M Series A was led by L Catterton in 2023, bringing GOODLES another step closer to becoming one of the biggest modern challengers to a category long dominated by legacy brands. Now, one of the world's largest pasta companies is buying it. From a pandemic-era idea to an acquisition by Barilla in six years. ACQUISITION: Undisclosed LAST VALUATION: $88M HQ: Santa Cruz, CA #VentureCapital #GOODLES #Barilla #CPG #TradedVC