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640 Labs
http://www.640labs.com/Last activity: 21.02.2019
Probably Closed - Reference to The Climate Corporation
640 Labs provides an end-to-end data analytics platform for capturing farming data, uploading it to the cloud, and providing ongoing analysis and storage for years to come.
Farming is producing millions of data-points from every field each year. However, most of that data isn’t being collected and is simply left to die in the field. Insights can be gleaned from disjointed data sets by looking deeper, but there is no solution to effectively collect, store, and analyze these various data sets under one roof.
Over time, the insights produced from these disjointed data sets will bring value to not only farmers, but others in the agriculture ecosystem including equipment, crop insurance, chemical, and seed companies.
Farming is producing millions of data-points from every field each year. However, most of that data isn’t being collected and is simply left to die in the field. Insights can be gleaned from disjointed data sets by looking deeper, but there is no solution to effectively collect, store, and analyze these various data sets under one roof.
Over time, the insights produced from these disjointed data sets will bring value to not only farmers, but others in the agriculture ecosystem including equipment, crop insurance, chemical, and seed companies.
Overview
Location
United States, Illinois, Chicago
Employees
11-50
Total raised
$2.7M
Founded date
2013
Funding Rounds 1
| Date | Series | Amount | Investors |
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Mentions in press and media 5
| Date | Title | Description |
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| Apr 8, 2016 | Food-X Picks 10 Food Tech Startups for Fourth Cohort and $500k of Investment | Food tech accelerator Food-X has announced its fourth cohort of startups. Tapping into the accelerator’s mentor network, business model development, and pitch prep, the 10 companies will spend the next several weeks ramping up for Demo Day ... |
| Dec 5, 2014 | 15 Chicago Startups to Watch in 2015 | It's been a big year for Chicago tech companies. From IPOs, to successful exits, to a record number of VC investments, Chicago is proving itself as one of the up-and-coming tech hubs in the U.S. But if Chicago is going to build on the ... |
| Sep 26, 2014 | 640 Labs raises $2.65M for their big-data farming technology | Some how this one slipped by us, and so in the interest of covering the whole spectrum of agtech deals, we’re covering this belated announcement. Back on July 7, both Built in Chicago and ChicagoInno reported that 640 Labs, a cloud-based pl... |
| Jul 7, 2014 | 640 Labs Raises $2.7M Round to Give More Agricultural Data to Farmers | Last week Chicago-based 640 Labs, a cloud-based platform that collects, stores and analyzes agricultural data, raised a $2.65 million seed round, according to Built in Chicago. 640 Labs uses analytics and cloud computing to collect massive ... |
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FAQ about 640 Labs
When was 640 Labs founded?
640 Labs was founded in 2013.
How much funding has 640 Labs raised?
640 Labs has raised $2.7M in total across 1 funding round.
What has the press written about 640 Labs?
Parsers VC has collected 5 articles mentioning 640 Labs, among them “Food-X Picks 10 Food Tech Startups for Fourth Cohort and $500k of Investment” (Apr 8, 2016) and “15 Chicago Startups to Watch in 2015” (Dec 5, 2014).
Is 640 Labs still active?
640 Labs is probably closed: its latest activity on Parsers VC dates from Feb 21, 2019.