Application of Remote Sensing and Artificial Intelligence in Precision Agriculture

Hummingbird Technologies will oversee 400,000 hectares of Salic Farmland

By Grace Yuan

“We use sophisticated analytics, deep learning models, image classification and neural networks to unlock some of the most complex bioinformatic problems known to 21st-century agronomy,” said Will Wells, CEO at Hummingbird Technologies, in a recent interview with AgroPages. He also shared his views on the innovation and the application value of Hummingbird’s products , its target markets and target clients, the plans to extend new markets/regions, as well as current collaborations with other companies.

Q1. Could you briefly introduce Hummingbird and its team background?

Hummingbird Technologies is an artificial intelligence business, powered by machine learning and computer vision techniques. We use imagery and data analytics from UAV, plane and satellite technology, combined with soil, weather and historic management data to provide farmers with actionable intelligence of their crops at a canopy level, and at critical decision-making junctions in the season.

The actionable data we gather is processed and provided back to the customer within 24 hours, via a cloud-based platform, with maps directly exportable into farm machinery and equipment. We offer a range of different products and services in Cereals, Potato, Soybean, Corn, Sugar Beet and Canola, these include crop stress detection, disease detection, weed mapping, nutrient management as well as yield prediction and plant counting in row crops.

We are based in London and currently operate in the UK, Brazil, Russia, Ukraine, Australia and New Zealand. Our team is made up of agronomists, data scientists, engineers, sales and business development roles totalling 40 employees.

By pushing the boundaries of science and technology, our mission is to improve the efficiency of global crop production and to feed the world’s growing population sustainably. The solutions and products empower our growers to reduce inputs, optimise yields and minimise ecological harm.

Q2. Could you describe how Hummingbird’s products are innovative and the application value in terms of return on Investment?

We use sophisticated analytics, deep learning models, image classification and neural networks to unlock some of the most complex bioinformatic problems known to 21st-century agronomy. The quality and size of our data sets have grown, as we solve the same problems, across the same crops and the globe (Brazil, Ukraine, Russia, UK, Aus/NZ and soon North America).

We do not claim to solve all of agriculture, but we have the most complete and advanced solutions in Cereals, Canola and Potato, whilst we are not far off with Soybean, Sugarcane, Corn and Pulses. Our models for weed classification, biomass/height estimation, plant counting and disease detection are getting exponentially more accurate. Dedicated focus such as this is incredibly important to solving problems like pre-symptomatic disease detection or weed classification in Cereals and Canola, where we now have a competitive advantage. We are crop specific, which allows us to go deeper and gives us greater focus, thus illustrating an ROI scenario for users.

Machine learning algorithms enable us to analyze a vast amount of imagery at superior speed, accuracy and scale than other Agtech businesses that pull unadjusted Sentinel or Landsat imagery. This is difficult to replicate and we have the advantage of three years over others.

One of our products which deliver a huge amount of value and ROI to our customers is the Green Area Index (GAI), a product used to target N & PGR inputs on Canola. By applying nitrogen and PGR’s based on precise canopy requirements, we have seen a successful reduction in input costs of up to £49/ha.” 、

Hummingbird’s Variable Rate Application map based on Green Area Index for Canola

Q3. What are your target markets and target clients? What are the plans to extend new markets/regions?

Our products are developed alongside farmers and agronomists to solve problems that add value to everyone involved in the production process. Our addressable market has increased to include Agronomy firms, AgChem, AgDist, Government and Big Food as our value proposition becomes increasingly wide.

We currently operate In the UK, Russia, Ukraine, Brazil, Australia and New Zealand. Our total addressable market is greater than 300 million hectares, including large agricultural economies such as the USA and Canada. Revenue growth was four times in 2018 and we aim to achieve at least five times in 2019, expanding and leveraging our existing client base in regions we already have a strong foothold.

Q4. Could you talk about your company’s current collaborations with other companies?

We collaborate with some of the most established and prestigious agribusinesses globally and this is what gives Hummingbird such credibility in the market. To give an example, we are working with one of the largest food companies in the world to help manage their potato supply chain, creating greater visibility and increasing their sustainability from the start of production to processing. We do this by using our existing solutions which we have developed to accurately count plant populations and predict yields in potatoes. This saves our client in both economic and environmental measures.

In addition, we collaborate with one of the largest agrochemical companies in the world to help drive sales, lower barriers to entry and ensure product stewardship by allowing their clients to target inputs, justifying the use of more expensive chemicals by helping to increase yields and demonstrate best practice.

Hummingbird Technologies: KPMG’s 2019 Best British Tech Startup

Best British Tech Startup competition 2019

Congratulations to Hummingbird Technologies: KPMG’s 2019 Best British Tech Startup

Five years of celebrating, connecting and propelling British Tech startups. 

From hundreds of applications, down to five finalists and one ultimate pitch in Barcelona, we have our 2019 winner. Congratulations to Hummingbird Technologies, who has taken away the coveted title of Best British Tech Startup 2019. This artificial intelligence business overcame fierce competition and impressed the judges with their business’s innovation, market potential, and momentum.

Based in London, Hummingbird Technologies use imagery and data analytics from UAV, satellite and plane technology, together with machine learning and computer vision techniques, to provide farmers with high resolution crop maps.

A massive congratulations to all of the finalists who came with us on this journey. Their presence at Barcelona’s Four Years From Now at Mobile World Congress did not go unnoticed, with exposure to over 7,000 CEO participants and 3,500 international media and analysts. With previous finalists raising over £100m in the past five years, we’re sure we’ll be seeing big things from these businesses in the future.

Finalists:

  • Hummingbird Technologies (London)
  • ZigZag Global is a software solution to help ecommerce retailers manage returns domestically and globally. (London)
  • Grid Edge is an Artificial Intelligence startup company that provides AI software services to commercial building operators to empower them to intelligently optimise their building’s energy profile, and become active and empowered participants in the energy system. (Midlands)
  • Optalysys is developing optical AI systems designed to accelerate the most demanding deep learning and pattern recognition tasks at groundbreaking speeds but at a fraction of the energy consumption of traditional computing hardware. (North)
  • Oxford Space Systems (OSS) is an award-winning space technology business that’s pioneering the development of a new generation of deployable antennas and structures for the global satellite industry. (South)

Food Tech Startups That Defined 2018 Trends and What to Expect in 2019

An excerpt from AgFunder News article:

A List of Food Tech Startups That Defined 2018 Trends and What to Expect in 2019

Artificial Intelligence in Agriculture

Other high-tech innovations surging through the food and agriculture sector include artificial intelligence (AI). Machine learning is being applied to the vast amount of data that is being collected through crop sensors and other technologies, to reduce the labour intensity of crop production, efficiently collect data, and reduce input costs. Hummingbird Technologies is a great example of how AI can be applied in agriculture. They analyse the data collected by imagery to aid in monitoring fields, therefore reducing the amount of time required to check on crops. A fundamental trend in AI that will see significant growth in 2019 will be the use and number of AI cloud services. Industry tech giants like Microsoft, Amazon, Google are hiring talent in the area of artificial intelligence at breakneck speeds and exorbitant salaries. There are also several IoT startups such as MNUBO and The Yield working in agriculture that are gaining significant traction by working with agriculture-based companies.

Read the full article here >

Farming Data Analytics Specialist Raises £3m

BQ Live – Series A

Farming Data Analytics Specialist Raises £3m

Hummingbird Technologies, which uses drones and artificial intelligence to enable precision agriculture, has closed a £3m funding round.

Hummingbird, the UK’s leading drone and satellite enabled data and imagery analytics business for precision agriculture, has closed a £3m funding round, taking its total funding to over £4m.

Its backers include The European Space Agency, Sir James Dyson, Newable Private Investing and Velcourt, the UK’s largest commercial farming operation.

Founded in 2016 by Will Wells, with tech partners including Google UK, Hummingbird is the only remote sensing business in UK agriculture to use AI that harnesses information from drone, plane and satellite technology, combined with weather and soil data and expert plant pathology, to enable precision agriculture.

With first mover advantage in the UK market, Hummingbird currently has over 100,000 hectares under management and is expanding its operations into new markets. The global market for artificial intelligence in agriculture is expected to grow exponentially to reach US$2.6bn by 2025 from US$518m in 2017.

Hummingbird has 25 employees focussed on data science in London and has created a further 50 part-time pilot and agronomy jobs in the countryside.

CEO and founder Wells said: “We are delighted to complete this funding milestone with such high-quality backers, which reflects our position as the leading player in AI based agritech. This is an exciting time with a major digital transformation in global agriculture.

“Artificial intelligence and digital technologies are dramatically enhancing traditional farming techniques with significant cost efficiencies for farmers and the added benefit of helping to cut back on the overuse of chemicals.

“With the rising demand for agricultural production to meet the needs of the world’s increasing population, we see a huge opportunity for further growth. This latest round of fundraising will enable us to continue our expansion across the UK and into key markets such as Russia, Brazil and Ukraine. As a fast-growing business, we will continue to raise further funds to support our ambitious plans.”

Dr Graham Turnock, chief executive of the UK Space Agency, added: “Hummingbird is an exciting and innovative British company, harnessing space technology in products which could help farmers use pesticides and fertilizers more efficiently and protect the environment.

“The Government’s recently published Industrial Strategy set out a clear vision for the UK to become the world’s most innovative nation and we are working with industry to capture 10% of the global space market by 2030.”

See the original article here: http://www.bqlive.co.uk/agriculture/2018/03/05/news/farming-drone-specialist-raises-3m-30959/

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