Ceres AI, a company in AI-powered agricultural risk analytics, has landed a multi-million-dollar investment package from Decathlon Capital Partners. The funds will support the company’s growth as it serves a growing number of enterprise clients in the agricultural sector.
“Major agricultural enterprises, agricultural lenders and specialists in agricultural insurance across four continents have turned to Ceres AI for agronomic risk insights,” Ramsey Masri, CEO of the company headquartered in Oakland, said. “This investment from Decathlon Capital Partners is an important step in our continued growth. … Importantly, this financial package doesn’t require any dilution of the interests of existing shareholders and allows us to fund our growth objectives without any governance changes.”
Kevin Grossman, vice president of Decathlon Capital Partners, said, “Decathlon Capital Partners is pleased to support the growth of Ceres AI as it improves the performance, profitability and sustainability of agricultural enterprises around the globe.”
