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Australian law firm Hall & Wilcox has advised Digital Agriculture Services (DAS) on a deal set to deliver exclusive AI technology to the cropping industry.
Firm: Hall & Wilcox (DAS).
Value: Undisclosed.
Area: Technology.
Key players: The legal team advising DAS was led by Hall & Wilcox partner Ben Hamilton.
Deal significance: CSIRO-backed DAS was founded in 2017 and aims to “put science into the hands of decision makers, delivering rural, agri and climate-risk intelligence that aims to build the prosperity and sustainability of Australian and global agriculture”.
The company currently employs 25 direct team members and its software-as-a-service (SaaS) products seek to answer questions existing technology cannot answer, containing agribusiness data, workflow and collaboration tools.
According to a statement from Hall & Wilcox, Graincast provides in-season crop monitoring and identification, crop-yield forecasts, and productivity monitoring and benchmarking at a paddock, farm, regional, state and national scale.
“The technology harnesses the power of machine learning and satellite remote sensing, tracked against climate forecasts, time-series data and in-season training data,” the statement explained.
“The multi-functional technology has the potential to benefit each segment of the Australian agribusiness supply chain, including farmers who now access Graincast results within the DAS Rural Intelligence PlatformTM.”
