Earth Data

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Increasing World Population (in Billions)

Growing population at such a staggering rate can be seen as the root cause of many problems arising today or threaten to arise in near future. The population is expected to rise by 25% from 7.8 Billion in 2020 to 9.7 Billion in 2050, a rate which is highly unprecedented when compared with survival drivers like arable land, natural resources, etc.

CO2 emissions (K gigatonnes CO2 equivalent/yr)

In the time of crisis, when the world comes at a stop the CO2 emissions goes down (like in 2008 & 2019 Covid), but as soon as things get back to normal, those emissions starts increasing multifold. As we all know, CO2 acts as a greenhouse gas and can absorb & emit infrared radiation. The constant check to keep CO2 emissions at lowest, is one of the major driver in dealing with the climate change.

Per Capita Meat production (Kg/Y)

Production of a single ounce of meat requires significant amount of natural resources and also has to handle the methane gas emission from Cows (20% of total methane gas emission). Reduced per capita meat production, between 2018 & 2020, a decline of about 5.7% was likely because of an outbreak of African swine fever in China that reduced the pork supply.

Ruminant Livestock Numbers (billion individuals)

Never have we seen the world ruminant livestock numbers soaring past 4 billion, which represents much more mass than all human and animals combined. We can agree that although these are important source of protein & livelihood, but they are also a significant contributor to environmental challenges like methane and CO2 emissions, deforestation & water usage.

Global Monthly Mean CH4 (CH4 ppb)

One of the most dangerous GHG, Methane, set new year-to-date records for atmospheric concentration for years 2020 and 2021. Methane traps 86 times more heat in the atmosphere that CO2 and 20% of planet warning can be contributed to Methane. All five of the hottest years on record has happened since 2015, which shows the direct relation between the earth's temperature & GHGs.

Global tree cover loss (MHa/Y)

World lost 1.6 million hectares of undisturbed forest land last year (2020), up 7% of 2019, according to the Global Forest Watch. Losses in the tropics have now increased for two years in a row, driven mostly by forest clearance for agriculture. The EU and UK government are considering using trade deals and regulations to apply pressure on countries such as Brazil (most forest loss in 2019-2020) to curb deforestation.

Energy Consumption (Exajoules/yr)

Fossil fuel energy consumption has decreased since 2019 (COVID-19). However, these declines appear to be transient and projected to rise again from 2021. Conversely, solar and wind power consumption increased by 57% from 2018 to 2021, but it's still 19 times lower than fossil fuel. Although we can see the increasing trend in Solar/Wind energy, the rate of increase for other conventional fossil fuels energy sources is comparatively higher.

CropX Inc.

IS Agri-Tech
  • €750K
  • Tomer Tzach
  • Capital Raised: $25 Million

Founded in 2014, CropX Technologies is one of the fastest growing providers of agribusiness farm management solutions in the world, deployed in over 60 countries and across all the arable continents. An ag-analytics company, developing cloud-based software solutions integrated with wireless sensors, boosting crops yield, saving water and energy. It offers advanced adaptive irrigation software service that delivers crop yield increase, and water and energy cost saving services while conserving the environment.

Since early 2020, CropX acquired cloud-based precision irrigation provider US-based CropMetrics and Regen, a New Zealand precision irrigation company. In 2021, CropX acquired Dacom Farm Intelligence, a precision agriculture company based in the Netherlands and precision irrigation startup Tule, its fourth acquisition, in Jan. 2023.

 

Problem they solve

  • Global urbanization between now and 2050 could lead to a net addition of 2.4 billion people to towns and cities. Increased efficiency in the field of agriculture would be the utmost priority to tackling these challenges.
  • Between 33% to 50% of all foods produced globally is never eaten, and the value of this wasted food is more than $1 Trillion. Food waste is a massive market inefficiency, the kind of which does not persist in other industries.

 

Why we believe

  • Market Presence: The company has grown rapidly across more than 60 countries, serving over 2,500 paying customers with 15,000+ installations, and over three million acres under management. CropX currently has Sumitomo, NEC, PepsiCo, NASA, Reinke, Aliaxis, and Helm as its customers and partners.
  • Acquisition Strategy: CropX is the pioneer of the sector which uses an indirect growth method in a sector where data is of utmost importance and hence many companies tend to fail in the sector. Their acquisition strategy is their USP and has been proven fruitful so far.
  • Sustainability: CropX reports 50% water savings, 20% agrochemicals savings and up to 20% yield increase across 80 crop types when using its solution. CropX is leading to 9%-13% less greenhouse gases emissions, having saved an estimated of 1.5 million tons of carbon in 2022.

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