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