Croptix

Date: 2022

Asset Class: Direct Investment

Description:  Croptix is a screening service that allows farmers to detect crop disease in order to reduce crop loss and improve profitability. Croptix is currently working on solutions for identifying the deadly Huanglongbing (HLB) disease, also known as citrus greening. HLB decimates citrus groves wherever it strikes — and there is no cure. The only way to prevent its rapid spread is to detect HLB early and eradicate infected trees.

Why We Invest: Originally found in Asia, HLB is spreading devastation around the globe. In the United States, HLB was first detected in Florida in the late 1990’s and is now hitting Texas and southern California. Croptix uses a revolutionary patented technology to look inside the leaves of citrus trees for signs of HLB and other diseases. This allows farmers to take action before they would be able to see the disease with their naked eye and prevents the disease from spreading throughout farmers’ groves. Croptix tackles the $220 billion global annual loss of crops due to plant disease and helps improve global food security.