Progeny Drone Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

Progeny Drone General Information

Description

Developer of an agricultural drone designed to provide precise stand counts, calibrated vegetation indices, and other phenotypes of plants and plots. The company's platform converts crop photos into information without relying on the internet, supercomputers, or ground control points, and can analyze previously collected data from past growing seasons or research plots, enabling farmers to monitor their fields and track yield performance.

Contact Information

Website
www.plotphenix.com
Ownership Status
Acquired/Merged
Financing Status
Formerly Accelerator/Incubator backed
Corporate Office
  • 240 North 4th Street
  • Suite 1233
  • Lafayette, IN 47901
  • United States
Primary Industry
Other Hardware
Acquirer
Corteva
Vertical(s)
Robotics and Drones, AgTech
Corporate Office
  • 240 North 4th Street
  • Suite 1233
  • Lafayette, IN 47901
  • United States

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Progeny Drone Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 08-Jan-2025 Completed Generating Revenue
3. Accelerator/Incubator 15-Oct-2019 Completed Generating Revenue
2. Grant 07-Mar-2018 $50K $60K Completed Generating Revenue
1. Accelerator/Incubator 01-Jan-2018 $60K $60K Completed Generating Revenue
To view Progeny Drone’s complete valuation and funding history, request access »

Progeny Drone Former Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
Purdue Ventures Not-For-Profit Venture Capital Minority
US National Science Foundation Accelerator/Incubator
gBETA Accelerator/Incubator Minority
To view Progeny Drone’s complete investors history, request access »

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Progeny Drone FAQs

  • When was Progeny Drone founded?

    Progeny Drone was founded in 2018.

  • Where is Progeny Drone headquartered?

    Progeny Drone is headquartered in Lafayette, IN.

  • What industry is Progeny Drone in?

    Progeny Drone’s primary industry is Other Hardware.

  • Is Progeny Drone a private or public company?

    Progeny Drone is a Private company.

  • What is Progeny Drone’s current revenue?

    The current revenue for Progeny Drone is .

  • How much funding has Progeny Drone raised over time?

    Progeny Drone has raised $60K.

  • Who are Progeny Drone’s investors?

    Purdue Ventures, US National Science Foundation, and gBETA have invested in Progeny Drone.

  • When was Progeny Drone acquired?

    Progeny Drone was acquired on 08-Jan-2025.

  • Who acquired Progeny Drone?

    Progeny Drone was acquired by Corteva.

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