US-based Hydrosat, a climate tech company, announced on Thursday, June 8, that it has acquired IrriWatch, a Dutch company that claims to offer the world’s most advanced irrigation management software.
Pieter Fossel, CEO of Hydrosat, says, “Hydrosat’s acquisition of IrriWatch marks a significant milestone in the continued growth of our company and enables us to accelerate the delivery of real solutions that fulfil our mission to increase global food production with less water.”
This deal comes after a series of developments for Hydrosat, including a grant from the US Air Force to modify its surface temperature data to meet the mission requirements of the National Air and Space Intelligence Centre, and the pilot launch of its Crop Yield Forecast product.
Recently, the firm also closed a $20M Series A round.