M&A Deal Summary

CropX Acquires Tule

On January 31, 2023, CropX acquired technology hardware company Tule

Acquisition Highlights
  • This is CropX’s 1st transaction in the Technology Hardware sector.
  • This is CropX’s 1st transaction in the United States.
  • This is CropX’s 1st transaction in California.

M&A Deal Summary
Date 2023-01-31
Target Tule
Sector Technology Hardware
Buyer(s) CropX
Deal Type Add-on Acquisition

Target

Tule

Davis, California, United States
Tule is a precision irrigation company. Tule combines proprietary technology, agronomic expertise, and cutting-edge artificial intelligence to provide farmers with irrigation decision-support solutions. Tule was founded in 2014 and is based in Davis, California.

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Buyer(S) 1

Buyer

CropX

Netanya, Israel
Category Company
Sector Technology Hardware
DESCRIPTION

CropX is a provider of digital solutions for agronomic farm management. The CropX Agronomic Farm Management System synthesizes data from the earth and sky to offer advanced soil and crop intelligence and a suite of digital decision support and planning tools, all on an easy-to-use app capable of tracking multiple farms and fields. CropX is based in Netanya, Israel.

DEAL STATS #
Overall 1 of 3
Sector (Technology Hardware) 1 of 2
Type (Add-on Acquisition) 1 of 3
State (California) 1 of 1
Country (United States) 1 of 2
Year (2023) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-07 Green Brain

Magill, Australia

Green Brain is a digital irrigation management solutions provider, particularly in the realm of irrigation optimization powered by data from soil sensors, weather stations, and IoT devices. The company provides advice on fungal diseases, soil and crop health, nitrogen leaching, salinity, and more. Green Brain is based in Magill, Australia.

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