Goanna Ag expands portfolio and with Acquisition of US-based irrigation management solution, GroGuru

Cove Fund is pleased to see one of its portfolio companies get acquired by Goanna Ag. The GoGuru team has spent years perfecting its technology to monitor water in the root-zone to cut down on water waste and improve crop outcomes. We are excited to see GoGuru accelerate under the leadership of the Goanna team.

Founded in 2014 in California, GroGuru and its team serve as a trusted tool in irrigation management for hundreds of farm operations throughout the Midwest and Southern United States. Using their patented wireless underground communication technology, GroGuru has developed a soil moisture solution that remains permanently installed in row crop fields for an excess of five years, providing continuous, long term soil moisture data, adding much more clarity and confidence to growers as to the actual water holding capacity and/or potential deficit status of their irrigated fields. Over the past ten years, GroGuru has outfitted distributors with the tools to accurately advise growers on the true water requirements of their crops and how best to manage in-season irrigations to achieve optimal yields. 

David Sloane, Chief Agronomist for GroGuru, shared “being from Australia, I’ve known Goanna for a long time, and have watched them for the past 20 years grow into an industry leader in the Australian cotton market. I am really excited become part of the team and help accelerate growth throughout the North American market. The combination of GoField’s canopy temperature tool with the GroGuru’s permanently installed probes will be able to unlock insights that we’ve never had before.”