Agrology Receives Phase IIB Funding from the National Science Foundation (NSF)
Leading AgTech startup receives its third NSF award based on the fact that the company’s technology demonstrates a clear path to commercial and societal benefits
Alexandria, VA, October 25, 2023 — Agrology today announced that the company received $500,000 in Phase IIB Funding from the National Science Foundation (NSF) to further develop Agrology’s real-time soil carbon and nitrous oxide emission monitoring technology. America’s Seed Fund is powered by the National Science Foundation (NSF) and awards $200 million annually to startups and small businesses, transforming scientific discovery into products and services with commercial and societal impact.
“NSF grants require an incredibly rigorous process and we are thrilled to pass this difficult milestone for a third time,” said Adam Koeppel, Co-Founder and CEO of Agrology. “This funding will enable us to expand our capabilities and ultimately assist farmers in measuring and reporting data that proves the efficacy and success of their climate-smart initiatives.”
America’s Seed Fund is for startups working across almost all areas of science and technology, enabling them to receive non-dilutive funds to support research and development (R&D) and helping de-risk technology for commercial success. The NSF award provides seed capital for early stage product development and R&D, taking no equity in the company. The company retains full control over the team, the direction of work, and all intellectual property.
Agrology was founded in 2019 with a highly-selective National Science Foundation SBIR Award. Co-founders, Adam Koeppel, Tyler Locke, and Kevin Kelly, applied for their first award but assumed it would take a few tries. To their great surprise they won the grant on the first try and in 2019 Adam and Tyler left their corporate day jobs to focus on Agrology. The company then received a second SBIR Award in 2020. Today, Agrology is a Public Benefit Corporation committed to protecting the economic viability of our farmers and the sustainability of our planet.
About America’s Seed Fund
America’s Seed Fund powered by the National Science Foundation (NSF) awards $200 million annually to startups and small businesses, transforming scientific discovery into products and services with commercial and societal impact. Startups working across almost all areas of science and technology can receive up to $2 million in non-dilutive funds to support research and development (R&D), helping de-risk technology for commercial success. America’s Seed Fund is congressionally mandated through the Small Business Innovation Research (SBIR) program. The NSF is an independent federal agency with a budget of about $9.5 billion that supports fundamental research and education across all fields of science and engineering. For more information, visit seedfund.nsf.gov.
About Agrology
Agrology is a leading climate tech start-up and Public Benefit Corporation with a mission to help farmers adapt to and beat climate change with real-time analysis and predictive insights. The Agrology platform consists of climate and carbon monitoring systems, both based on ground-truth data and machine learning. The Agrology Climate Monitoring System delivers predictive insights and warnings, up to four days in advance, for wildfire smoke taint risk, extreme weather, soil conditions, pest and disease emergence, and irrigation. Agrology’s Carbon Monitoring System tracks soil carbon sequestration in real time, quickly detecting carbon loss via carbon dioxide emission events. Agrology customers include Braga Fresh, The Duckhorn Portfolio, Emeritus Vineyards, Groth Vineyards and Winery, Jordan Vineyards and Winery, Joseph Phelps Vineyards, Lawrence Vineyards, Napa Green, Pivot Bio, Renteria Vineyard Management, Sebastien Farms, Silver Oak Vineyards, Sonoma County Winegrowers, and numerous specialty farms. Agrology is the winner of two highly selective National Science Foundation SBIR Awards, a 2022 WINnovation Award, and is a recipient of a USDA Partnerships for Climate-Smart Commodities grant. Agrology’s academic partners include UC Davis, CSU Monterey Bay, Huntington Farms, RCD of Monterey County, University of California Cooperative Extension, University of California Agriculture and Natural Resources, and Virginia Tech College of Agriculture and Life Sciences. Agrology is based in Alexandria, Virginia and can be found online at Agrology.ag.