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Spotted: Australia-based agtech startup FluroSat provides farmers with real-time information to assess plant health and detect crop stress. Its platform, FluroSense, combines satellite data, farming records and AI in an analytics engine to predict agricultural performance. Based on the data, it can provide recommendations on how to optimise crops.

It has been less than a year since FluroSense launched, yet it is already being used by more than 1000 agronomists across eight countries. In addition to their Sydney-base, the startup has also opened offices in Canberra, San Francisco and Kiev, Ukraine.

FluroSat says its technology offers scale and accuracy not previously available to farmers. The startup has just received €4 million in funding from big names such as Microsoft’s venture fund M12, in addition to €2.7 million from federal government grants. The company plans on using the funding to expand its technology offerings to a global audience.