Greensight Named Winner of Startup Arlington Competition
Boston-based GreenSight Agronomics is the winner of this year’s Startup Arlington competition, selected from 129 applicants hailing from 18 different states and six sites abroad.
“GreenSight is exactly the type of technology company that can truly succeed here in Arlington,” said Christina Winn, Arlington Economic Development’s director of business investment.
“GreenSight’s ability to easily connect with Federal agencies and other top research institutions, many of which are already working with the company, will really position the company to be able to grow and succeed quickly. It’s the ideal company to be selected as the Startup Arlington winner.”
As the winner of Startup Arlington, GreenSight will receive up to $25,000 from the private equity firm Kiddar Capital. The company will also benefit from three months of complimentary office space in 1776 Crystal City and complimentary living space for that time at the WhyHotel, courtesy of Vornado.
Additional amenities include complimentary Metro passes and a Capital BikeShare membership, provided by Arlington Transportation Partners. An experiential package of events, lifestyle amenities and restaurant offers are courtesy of the Crystal City BID.
“Greensight Argonomics sits right at the intersection of novel data collection and actionable business intelligence – vectors which are cornerstones of our Built World Fund,” said Cheryl Foil, director of technology with developer Todd Hitt’s Kiddar Capital.
“The company’s drone technology is a perfect fit for our portfolio, and Arlington is a great location for the company to get the support and access it needs to attack the $985 billion U.S. agriculture industry.”
“GreenSight has customers, investors and collaborators in the D.C. area,” said GreenSight founder James Peverill. “An office in the Arlington is a great opportunity to engage these partners more effectively and take advantage of the rich and growing ecosystem in the area.”
GreenSight Agronomics uses automated drones to take daily imagery with the mission of becoming the defacto data platform for aerial information gathered by a variety of sources. GreenSight’s platform transforms that imagery into actionable information that can optimize businesses, drive automated decision systems and future autonomous robots.
The company already has contracts with Arlington-based agencies like the Defense Advanced Research Projects Agency and the Office of Naval Research as well as the Air Force Research Lab, the U.S. Army and the University of Maryland.
Startup Arlington applicants were evaluated on criteria ranging from how the company would benefit from locating in Arlington to growth potential and business plans. To be eligible, applicants must have been from outside the greater Capital region and the application made under the direction of a founder and/or CEO of a technology-based company.
GreenSight Agronomics will move two employees to start its Arlington operations next month.
Arlington Economic Development
Arlington Economic Development (AED), part of Arlington County Government, is dedicated to the preservation and enhancement of an economically competitive and sustainable community, and the creation of exciting, diverse and amenity-rich places. AED provides visionary leadership and superior services to Arlington’s business and arts community, its tourism industry and its real estate development. For more information, visit arlingtoneconomicdevelopment.com.