Agritech startup Intello Labs announced that it has raised a seed round of $2 million from Nexus Venture Partners and Omnivore. Intello Labs uses artificial intelligence tools including computer vision and deep learning. To build a platform for grading and quality monitoring of agricultural commodities. Intello Labs provides an image-based solution, delivered through a smartphone app, which helps in bringing transparency and standardization to quality assessment, reducing value risk and wastage in the agriculture supply chains. It has developed a ready-to-use solution for fruits, vegetables and spices.
Intello’s AI can generate instantaneous quality metrics based on a photo taken on a basic smartphone. Initially, the company plans to focus on large enterprise clients, before eventually switching to a Software-as-a-Service model to small businesses, traders, and farmers.