TEL-AVIV, Israel & BUENOS AIRES, Argentina--(BUSINESS WIRE)--Taranis, (www.taranis.ag) a leading AI-based digital agriculture company and Credicoop Bank of Argentina unveiled today new business partnerships and strategic projects. Banco Credicoop clients can now receive a separate credit line to invest in Taranis services and unlock its high ROI on their farming operations. The farmers would be able to defer payment until post harvesting and selling their production.
Through this partnership, Taranis and Banco Credicoop provide farming companies in Argentina an opportunity to access the most advanced crop disease prediction service and farm management utility. Taranis is recognized as an official AgroCabal provider - one of the bank’s most trusted agriculture providers - a short list of the leading agriculture inputs providers such as Bayer, Dupont, Dow and Cargill. Taranis is the only provider in this prestigious group to provide advanced digital agriculture technology.
“This is merely the tip of the iceberg in terms of the potential of this collaboration with Credicoop and new collaboration models are already in the pipeline to serve all the country’s amazing cooperatives and farmers,” Taranis Co-Founder and CEO Ofir Schlam, commented. “In the first stage we will launch exclusive pricing plans for Credicoop customers but gradually Taranis will help de-risk all the active loans given and increase yield of the farmers. In turn, Credicoop would be able to give improved terms for these clients. Thus creating a win-win-win situation for all stakeholders.”
Taranis is the world’s first fully automated crop disease prediction solution, which dramatically increases both farms’ yields and profits. Predictions are created using deep-learning based crop disease models that feed on our proprietary sub-mm aerial imagery, field sensors, satellite imagery, weather forecast and field-scouting data. A unique patented technology is deployed to take 0.5mm images from high-speed UAVs and crop-dusters at low altitude without any image blur – allows to intercept both the diseases and the insects in detail over thousands of acres. Taranis was recently declared as a top five world’s most innovative AgTech startup. Today the Taranis platform already covers more than 1 million acres just 4 months since its launch and has a pipeline to millions more acres across US, Argentina, Brazil, Russia and Ukraine. It also features models that predict Asian Soybean Rust, Fusarium Head blight of Wheat and Fire Blight in Apples and Pears. With more models in the pipeline for Corn, Soybean and Canola.
The Credicoop Cooperative Limited Bank is, from its origin, a genuine cooperative organization. It was created in 1979 by the merger of 44 Cooperative Credit Funds, some with more than 60 years of experience.
The bank’s major focus in on agribusiness. Today among Credicoop clients, you will find the largest and most important farming cooperatives and other opinion leaders in agriculture. Moreover, it has the vastest network of farms and cooperatives and services more than 30% of farmers in Argentina, and over 50% of the cooperatives.