Vancouver AgTech company Semios has acquired Centricity, developers of a suite of field data collection applications including ApRecs, a market-leading solution for agri-businesses.
ApRecs allows growers to make better process decisions through industry compliance and operational workflow so they can focus on growing.
Today’s announcement comes on the heels of Semios’ acquisition of Altrac to offer more value to growers through control and automation.
Founded in 2009, Semios helps farmers manage their risk and optimize yields through data, AI-driven insights and technology. Last year Semios secured $25 million in growth capital financing from CIBC Innovation Banking.
These recent acquisitions are the first step in Semios’ ambitious strategy to consolidate crop management solutions into one, easy-to-use platform.
“At Semios, we understand the essential role data plays in informing key decisions that can affect the overall health and success of crops,” said Dr. Michael Gilbert, CEO of Semios.
“Growers today are tasked with the management and interpretation of data from a growing number of important agriculture solutions which collectively are taking them away from what they do best. Centricity and Semios offer complementary solutions to an overlapping customer-base and the integration of our offerings into one dashboard will give growers access to valuable information they need all in one place, making their jobs easier.”
Data is playing an ever larger role in farming, which means that reporting, documentation and record keeping are putting more strain on farmers. Tools that help consolidate and streamline efforts to manage and access this information will help growers remain competitive and profitable under the increasing regulatory burden of a global marketplace.
“Farmers have been asking for separate sources of critical information to be together and accessible in one place,” said Drew Zabrocki, CEO of Centricity.
“We’re excited to join forces with Semios and, together, pursue opportunities to accelerate the delivery of new, integrated solutions that will bring value to our customers. Centricity has a decade of supply chain and industry relationships, innovation partnerships and new-era technology we know will help to further differentiate Semios in current and new markets.”
Leave a Reply