Mariposa Technology: Raises $560K in Seed Funding

Mariposa Technology Raises $560K in Seed Funding

  • Mariposa Technology, a Metairie and New Orleans, LA-based AgTech startup, raised $560K in seed funding
  • The round was raised through a private equity offering on Netcapital
  • The company intends to use the funds to further develop its PAMAP digital farming tool
  • MariposaTechnology, in an exclusive agreement with Texas A&M, is building a proprietary database and software to deliver real time onsite answers about live hemp plants gleaned from their molecular structure
  • Farmers can maximize their profits with real time test results giving them access to information about their crops
  • Farmers across Louisiana, Texas and Colorado have already participated in scanning trials for THC levels, determination of male/female in immature plants and variety identification
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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