Take A Look At How This Startup Can Digitize Trees

Temperature changes, soil erosion and rainfall can affect a tree farmers’ ability to grow trees. Unlike grapevines, when trees get stressed, they don’t thrive; they die.

Tree crops are one of the most successful forms of perennial agriculture. An apple orchard can survive for up to 50 years, and a well-cared-for pecan tree could produce a crop for up to 150 years. However, temperature changes, soil erosion and rainfall can affect a tree farmers’ ability to grow trees. Unlike grapevines, when trees get stressed, they don’t thrive; they die.

Despite the success of tree crops, they are also one of the most historically complicated farming segments.

According to Orbia CEO Daniel Martínez-Valle farmers need an abundance of information to understand tree health. Just looking at a tree isn’t enough to understand what’s happening inside it.

“Tree orchards are also incredibly sensitive to climate change, disease, and other factors that can be difficult to monitor through simple surveyance,” said Martínez-Valle.

“Even just a few years back, the technology available to monitor and analyze the production and health of trees and crops was not advanced enough for farmers to utilize in their daily labor,” said Martínez-Valle. “Today, that is no longer the case due to agriculture technology solutions that enable farmers to be more cost-effective and less labor-intensive.”

SeeTree, an Israeli agtech company focusing on tree farming, has received $3 M in funding from Orbia Ventures to help farmers digitize each tree to optimize tree-health and fruit production while saving water and cutting costs.

SeeTree was founded in 2017 in Tel Aviv and works with large growers around the world who farm at least 1000 hectares of tree crops. With a team of data scientists, agronomists, forest rangers and drone operators on board, the company uses military-grade drones, ground sensors, artificial intelligence (AI), and machine learning tools to create an intelligent picture of a tree’s health and productivity.

SeeTree works with citrus, almond, hazelnut, avocado and olive tree farmers but plans to add eucalyptus, palm and pistachio crops.

According to SeeTree’s CEO and Co-founder, Israel Talpaz, data and intelligence is in their DNA.

“Over the past several years, data from customers has shown how customers were able to improve the health of their trees,” said Talpaz. “These insights have allowed us to restructure their irrigation protocols and equipment to better fit their soil conditions, which resulted in a decrease of under-performing or non-producing trees by 50%-85%.”

“Climate change is taking its toll on the trees in several aspects; the hotter and more extreme weather warrants different irrigation protocols and infrastructure, as well as higher levels of adaptability per grove and farm,” said Talpaz. “Additionally, we see areas that were traditionally un-irrigated suffering higher levels of stress as the trees cannot cope without the aid of specific irrigation.”

Martínez-Valle adds that SeeTree’s technology will let farmers digitize every tree. “Soon, the digital revolution in agriculture will enable us to understand the specific needs

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Top US investment consultant selected Diligend solution to automate and digitize investment managers operational due diligence

NEW YORK, Oct. 27, 2020 /PRNewswire/ — Diligend, a leading provider of investment management software, has been selected by FEG Investment Advisors (FEG), an independent investment consulting and OCIO firm, to automate and digitize the collection of manager data and documents in its operational due diligence (ODD) of investment managers across public and private markets and hedge funds.

 

Diligend Logo
Diligend Logo

 

FEG partnered with Diligend for a robust, flexible, and reliable solution to support their growth and the centralization of their ODD practice in order to provide a more effective and efficient due diligence process.

Diligend specializes in the collection and in-depth analysis of qualitative and quantitative manager data, from initial onboarding to ongoing monitoring for ODD, manager research, ESG and compliance teams. The technology frees up much-needed time by automating and simplifying processes that previously required a heavy manual workload. With Diligend’s technology solution, FEG will be able to efficiently collect and digitize both qualitative and quantitative information and produce ODD reports providing scoring on important operational tenets.

The flexible nature of Diligend’s platform combined with their ongoing innovation will enable us to more efficiently support our growing client base and their evolving due diligence needs and expectations,” said Douglas Walouke, CFA, Director of Operational Due Diligence at FEG. “Building upon FEG’s historical diligence efforts with our dedicated ODD practice under development, we identified Diligend as the right fit because their technology solutions will not only help streamline our due diligence processes, but will also enable us to perform critical in-depth analysis and improved reporting on our clients’ investment managers.”

Diligend’s platform gives consultant clients the ability to more easily gather comprehensive and accurate timely due diligence data from their investment managers, allowing them in turn to bring increased oversight and tailored analysis to their own clients.

“We are delighted to have FEG as a client and to have the opportunity to work closely with their team to efficiently digitize their due diligence processes. We are looking forward to a successful long-term relationship with FEG,” said Louise Verga, Managing Partner at Diligend.

About FEG Investment Advisors

FEG has more than three decades of experience helping institutional investors build long-term focused portfolios through services that include traditional consulting and OCIO as well as alternative strategies’ investment manager research, due diligence, and monitoring. For more information, visit www.feg.com.

Logo – https://mma.prnewswire.com/media/1276462/Diligend_Logo.jpg

Contact:
Louise Verga
+1-857-304-0007
[email protected]

Cision
Cision

View original content:http://www.prnewswire.com/news-releases/top-us-investment-consultant-selected-diligend-solution-to-automate-and-digitize-investment-managers-operational-due-diligence-301159617.html

SOURCE Diligend, Inc.

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