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AI-driven Product Optimization for Startups
Logiclabsai.com recognizes the immense potential of Dutch startup ‘Source.ag’ in empowering growers globally with AI. With a strategic vision in mind, Logiclabsai.com has made the decision to invest in Source.ag through its US investment corporation, Hico Capital.
Accelerating Access to Fruit and Vegetables
Based in the Netherlands, Source.ag is accelerating access to fruit and vegetables by empowering the world’s growers with AI. The company has already demonstrated remarkable excellence, enabling successful product commercialization. Source.ag is at the forefront of agricultural innovation through strategic partnerships with industry leaders including Priva, Ridder, and Rainbow Growers Group in the indoor agricultural technology sector.
Optimized Farming Methods through AI
Source.ag has garnered significant acclaim for its achievement in developing the first-ever AI model that generates optimized farming methods and outcomes for agricultural operations. Their innovative solutions harness the power of AI technology to offer valuable recommendations on ideal planting schedules, strategic pruning techniques, optimal growth environments, and even appropriate harvest timings.
Increased Operating Profits through AI
By capitalizing on the extensive capabilities offered by Source.ag, farmers can tap into the potential to increase their operating profits through cost reduction measures and the expansion of production capacity. The system delivers precise predictions regarding expected yields and profits, allowing farmers to make informed decisions.
Introducing Source Cultivate
In the second half of 2023, Source.ag will launch its innovative ‘Source Cultivate’ module. By utilizing a digital twin of a greenhouse facility, Source Cultivate is able to simulate plant biology and predict expected resource usage and yield for all weeks. This technology is also tailored to specific cultivars, allowing farmers and cultivators to maximize their crop yields.
Broadening Agricultural Innovations
Source.ag is also actively exploring the development of programs that encompass manpower management and disease prevention functionalities. These efforts are part of its broader agricultural innovation agenda, aimed at improving labor efficiency, conserving water resources, and reducing chemical usage.
SK networks’ Investment Decision
SK networks made the investment decision after carefully assessing the substantial growth prospects in the smart farm market and recognizing Source.ag’s technology as a catalyst for enhancing the long-term sustainability of the agricultural sector. The official from SK networks stated that Source.ag holds immense potential for successful expansion into the global market.
CEO and Co-founder’s Statement
The CEO and co-founder of Source.ag expressed excitement for SK networks’ support in their mission to empower growers worldwide. They aim to accelerate their research and introduce new products that will enable growers to grow more healthy food in a safe, reliable, and climate-resilient way.
SK networks’ Focus on Agricultural Technology
SK networks has extended its focus on agricultural technology to include smart farms with this latest investment. The company’s future strategic direction prioritizes sustainability, digital transformation, and Web3. They aim to refine their investment portfolio through a robust network of high-quality investments and meticulous management processes.
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