#Israel #Tel Aviv #CropX #Sustainable Agriculture #Acclym

CropX Technologies Expands Its Digital Solutions with Acclym Acquisition

In a significant move to strengthen its digital agronomic capabilities, CropX Technologies, a recognized leader in digital agricultural solutions, announced the acquisition of Acclym, formerly known as Agritask. This strategic acquisition, marked as the seventh in CropX's expansion journey, aims to enhance the agricultural sustainability efforts of top food and beverage brands globally.

About CropX and Acclym

CropX has established itself as a pioneer in providing agronomic farm management solutions, operating in over 70 countries and serving diverse agricultural sectors. Its flagship product synthesizes data from soil and atmospheric conditions to deliver precise farm management tools through an accessible app. Backed by major agribusinesses, CropX continues to set benchmarks in sustainable farming practices.

Acclym, on the other hand, has built a robust reputation over 15 years for empowering major players in the food and beverage industry—including AB InBev, Nestle, General Mills, and McCain Foods—with enterprise-grade agricultural intelligence. Utilizing augmented on-ground data, artificial intelligence (AI), and machine learning (ML), Acclym transforms complex agricultural datasets into actionable insights for procurement and sustainability efforts.

Goals of the Acquisition

The primary objective of CropX in acquiring Acclym is to leverage its advanced agricultural decision-making capabilities, which are crucial for managing sustainability commitments across fragmented supply chains. The integration of Acclym's technology into CropX's existing systems is set to unlock innovative solutions in areas of sustainability, regenerative agriculture, and climate-smart supply chains. By harnessing field-level data, CropX aims to facilitate secure and verifiable ag-tech solutions needed to meet increasing global demands for sustainable practices.

Tomer Tzach, CEO of CropX, emphasized the importance of this acquisition, stating, "Acclym brings in enterprise intelligence that complements CropX's agronomic prowess perfectly. Together, we are spearheading the digitization of agricultural frameworks to foster a more resilient and productive food ecosystem."

The Impact of Acclym's Technology

Acclym's state-of-the-art technology aids enterprises in monitoring and optimizing their agricultural operations' sustainability. With a staggering $42 million raised in venture funding, this company has successfully deployed its solutions across millions of hectares worldwide, effectively bridging the gap between on-farm data collection and corporate strategic decision-making.

As businesses face mounting pressure to adhere to sustainability goals, having access to reliable data becomes increasingly critical. Acclym's tools provide companies with the necessary insights to track their environmental, social, and governance (ESG) outcomes while simultaneously minimizing risks across globally distributed supply chains.

Future Developments

According to Amir Lehr, CEO of Acclym, the merger will not only boost technological and agronomic expertise but will significantly broaden the array of solutions available to clients. This alliance positions CropX as the digital backbone of modern agriculture, enhancing its credibility among farmers, agronomists, and large enterprises alike.

As CropX continues to grow, it remains committed to providing its customers with cutting-edge tools and resources to navigate the complexities of modern agricultural demands. The integration of Acclym will undoubtedly elevate their capabilities in promoting sustainability and resilience in food systems.

In summary, this acquisition marks a pivotal step toward a more integrated and intelligent approach to farming that aligns with global sustainability agendas. The collaboration promises to set new standards for agribusiness and sustainable practices in agriculture worldwide.

For more detailed information, you can visit CropX and Acclym.