PowWow Energy Gets Major Funding
August 29, 2017
The Central Valley Angel Group Invests in PowWow Energy, Inc.
PowWow is applying data science to solve practical problems in agriculture. It provides a simple water compliance solution using a clever algorithm that turns energy data into useful text alerts and water records for growers.
The team of agronomists and computer scientists are extending the data-mining platform with 100 Terabits of aerial images and weather forecasts to identify where farms can recover revenue losses and improve their bottom-line.
Fund Chairman A. Emory Wishon said, “We are thrilled to invest in a company that is passionate about working with farming communities to save water and energy while preserving quality crops.”
PowWow CEO Olivier Jerphagnon added, “Central Valley Angel Group’s investment expands PowWow’s presence in the San Joaquin Valley. We started to work at the Water and Energy Technology incubator in Fresno three years ago, and we’ve taken the time to work closely with growers to understand their needs”.
The local commitment of Central Valley farmers and investors, when combined with the experience of Silicon Valley technology entrepreneurs and investors, strengthens the unique dual culture of PowWow Energy, which is critical to its continued growth and success.
Formed in September 2015, Central Valley Angel Group is a $1 million+ fund whose members are accredited investors. The Central Valley Angel Group invests in high-growth, early-stage companies that are located within the region. In addition to making a return on its investments, the goal is to educate local Angel investors and create ongoing investment capital to help the Central Valley’s start-up economy thereby retaining businesses and supporting job growth.
To learn more about the Central Valley Angel Group or to apply for funding visit www.centralvalleyangels.com
Contact: A. Emory Wishon III, Chair, Central Valley Angel Group, 559-439-4000