Almanac, a farm data analytics and precision agriculture company, has acquired the intellectual property and assets of Gro Intelligence, a company that was developing what it claimed was the world’s largest agricultural data platform before its recent closure and business liquidation.

In 2021, Almanac grew its crop management platform through the acquisitions of Agworld, Altrac and Centricity. The addition of Gro Intelligence’s assets, including AI models, complement Almanac’s capabilities and extend Almanac into new areas of the food and agriculture value chain – including agricultural insurance, lending, trading and consumer packaged goods (CPG) procurement.

Leveraging AI and machine learning, Almanac’s intelligence platform, Alma, analyzes real-time farm data to predict trends and provide farmers with the foresight needed to make smarter decisions, improve yields, reduce costs and promote sustainability. With a portfolio that includes two trusted agricultural brands and product suites – Semios and Agworld – Almanac serves over 100 million acres of farmland worldwide.

Securing $85 million in a Series B funding round in January 2021, the former company Gro Intelligence utilized public and proprietary data from myriad sources, including satellite imagery, government data, trade organizations and weather reports, to deliver actionable insights on food production, climate and crop yields. With the acquisition of the assets of Gro Intelligence, these capabilities will enhance Almanac’s platform, offering deeper insights and predictive analytics to support agriculture professionals worldwide.

“This acquisition is a quantum leap for Almanac in our mission to revolutionize agricultural practices through advanced technology,” said CEO Sumer Johal. “By integrating Gro’s robust AI-powered data platform within our own, we are aiming to enhance our ability to deliver actionable insights across the global agricultural sector, driving sustainability and productivity for agriculture professionals everywhere.”