Smart Tech
Cooperative Ventures Invests in Precision AI, Bringing Artificial Intelligence to the Farmgate
June 4, 2025 
Cooperative Ventures has announced an investment in Precision AI, a leader in artificial intelligence-based farming practices in the United States and Canada. A joint venture between two leading farmer-owned cooperatives, CHS and GROWMARK, Cooperative Ventures focuses on developing mutually beneficial commercial relationships between startups and cooperative partners.
Cooperative Ventures was joined in the Series A fundraising round by new investors Farm Credit Canada, The 51 Food and AgTech Fund and Green Spark Ventures, along with investments from existing investors Fulcrum Global Capital, BDC Capital, and At One Ventures.
Precision AI’s data insights, collected through their autonomous aerial systems, equip farmers and their agronomists to make plant-by-plant input decisions in real time, enabling them to grow stronger, healthier plants, reduce inputs and increase farm profitability. Precision AI has grown its list of new partners substantially in 2025 as more companies see the value and potential that artificial intelligence applications, like Precision AI products, have to revolutionize agriculture.
“Our partnership with Cooperative Ventures provides us access to farmers throughout North America who can benefit from the real-world application of the data our technology generates,” said Precision AI CEO Dan McCann. “When farmers are equipped with data, they can make wiser choices about inputs that have the potential to reduce costs and boost plant health, which helps support farm profitability.”
“Cooperative Ventures believes Precision AI can refine a farmer’s decision-making capabilities in the field. When farmers can be more precise with applying inputs, this leads to healthier plants and can increase overall farm profitability,” said GROWMARK Enterprise Marketing Executive Director Heather Thompson. “As more and more weeds become herbicide resistant, innovations in this space will be vital, ensuring farmers can make the best choices for their crops and their farm operations.”
“Today’s farmer is often challenged to do more with less,” said David Black, executive vice president and chief information officer, CHS. “Innovative tools like Precision AI help equip our owners and customers to run their operations with a focus on efficiency and profitability.”
For more Smart Tech topics, click here.
Subscribe Today For
