AdaViv

About

AdaViv is a hardware-enabled, predictive agriculture company.

Boston,Massachusetts,United States
11 - 50

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $2.30M
Industries: AgTech,Artificial Intelligence,Environmental Engineering,Information Technology,Machine Learning,Robotics
Founded date: Jan 1, 2018
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: AdaViv, Inc.

Urban (controlled) agriculture is on the rise! Vertical and Container farms are popping up here and there and there is increasing need to make urban agriculture more sustainable.

AdaViv is a hardware-enabled, predictive agriculture company. Keeping “24/7 eyes on the plants”, our sensing and AI + computer vision uncovers hidden plant biometrics and translates data into actionable insights for growers. From disease prevention to rapid experimentation, improving yields and quality optimization, AdaViv helps producers grow smarter.

Founded by an interdisciplinary team of MIT researchers and alumni, AdaViv recently emerged from MIT Delta V, the capstone entrepreneurship accelerator at MIT , and the MIT DesignX accelerator. In 2018, AdaViv was selected as one of the first grantees of Microsoft AI for Earth.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$2.31M

AdaViv has raised a total of $2.31M in funding over 2 rounds. Their latest funding was raised on Jul 20, 2021 from a Seed round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jul 20, 2021	Seed	$2.30M	3	Delta Emerald Ventures	—	Detail
Jan 1, 2021	Non-Equity Assistant	—	1	—	—	Detail
Mar 26, 2019	Pre-seed	—	1	—	—	Detail
Sep 8, 2018	Non-Equity Assistant	—	1	MIT delta v	—	Detail
Jan 20, 2018	Grant	$15K	1	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

2

0

AdaViv has made 2 investments. Their most recent investment was on Sep 18, 2017, when Ellevest raised $34.60M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Sep 18, 2017 Ellevest	Series A	$34.60M	Financial Services	—
Sep 15, 2016 Ellevest	Series B	$9M	Financial Services	—

Investors

Number of Lead Investors

Number of Investors

2

7

AdaViv is funded by 7 investors. Delta Emerald Ventures and MIT delta v are the most recent investors.

Investor Name	Lead Investor	Funding Round
Delta Emerald Ventures	Yes	Seed
MIT delta v	Yes	Non-Equity Assistant
SOJE Fund	—	Seed
Poseidon Asset Management	—	Seed
Creative Destruction Lab (CDL)	—	Non-Equity Assistant
New Stack Ventures	—	Pre-seed
MIT designX	—	Grant