Sep 27, 2021

iUNU Acquires Artemis

iUNU, a leading AI agtech company, announced it has acquired Artemis, a cultivation management platform. Together, the two companies offer some of the most widely used technologies in the indoor agriculture industry.

iUNU’s acquisition of Artemis marks its latest step in driving the future of controlled environment agriculture (CEA. The two mission-driven companies are joining forces to accelerate their market share and expand the market. Both iUNU and Artemis work with some of the largest customers in the industry, including North Shore Greenhouses Inc., CubicFarm Systems Corp. and Hydroserre.

This acquisition will be iUNU’s second in as many months and represents a massive leap forward for the technology underpinning the growth of this industry. Over the past few years, the CEA industry has seen expansive growth.

Artemis enables growers to optimize their facilities for profitability and de-risk their operations by tracking their processes and production data in one place. More than 1 million tasks have been completed in the software and more than 1,000 users are active on Artemis. iUNU’s autonomous cameras and sensors are constantly collecting data across large-scale operations and can pinpoint small changes in production and recommend specific actions before a grower even knows there’s an issue.

The merger of iUNU and Artemis represents the first opportunity growers will have to access a completely AI-driven platform to manage all operations — including inventory tracking, production planning, yield forecasting, pest and disease management, food safety, and labor tracking.

“Artemis is a stellar company with a strong team and product that is deployed across many crop varieties. We’re far better together than apart, and I’m excited to join efforts. We have long respected the work Artemis has done to streamline the greenhouse operations, the value they bring growers with their software, and the work they’ve done leading the market to elevate this industry,” said Adam Greenberg, founder and CEO of iUNU.

“iUNU has done an incredible job building advanced analytics solutions for the most critical element of your operation — the plants. Artemis has done the same for the people and operations. By combining plants, people, and operations, we’re poised to scale the technologies underpinning the fastest growing segment of the agriculture industry — controlled environment agriculture,” said Allison Kopf, founder and CEO of Artemis.

As part of the acquisition, Artemis’ founder and CEO, Allison Kopf will be joining iUNU’s executive team as chief marketing officer and head of data products.