Fundraising Fox

Amber Agriculture

Chicago, US · Founded 2016 · 7 employees on LinkedIn · 5 known investors

Amber produces wireless, solar-powered automation kits for grain bin monitoring and fan control that replace traditional cable systems. The ACE AIR kit enables farmers to monitor grain conditions via CO2 and temperature sensing, and automate fan operation for moisture and temperature management.

Also known as Amber · Amber Ag · Amber Agriculture Inc.

Founders & leadership

Amber Agriculture was founded in 2016 by Lucas Frye and Joseph Varikooty.

LF
Lucas FryeCo-founder
JV
Joseph VarikootyCo-founder

Board

CECyril Ebersweiler
Cyril Ebersweilerin𝕏Incoming Series Seed Director.General Partner at SOSV

Investors · 5

Reported raises · per SEC filings

Form D private placements

$2.3M disclosed across 2 rounds · 2016–2020

$2.1MraisedJul 2020 · 18 investors · Agriculture
Officers, directors & promoters on the filing
  • Lucas FryeExecutive Officer, Director, Promoter
  • Cyril EbersweilerDirector
  • Joseph VarikootyExecutive Officer, Director, Promoter
Offering amount
$2.2M
Amount sold
$2.1M
First sale
Jul 2020
Incorporated
Corporation, Delaware, 2016
Federal exemptions
04
Full filing on SEC EDGAR ↗
$230KraisedMar 2017 · 3 investors · Agriculture
Rule 506(b)
Officers, directors & promoters on the filing
  • Joseph VarikootyExecutive Officer, Director
  • Lucas FryeExecutive Officer, Director
Offering amount
$730K
Amount sold
$230K
First sale
Sep 2016
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Amber Agriculture Inc. is an agricultural technology company based in Chicago, Illinois, that develops wireless sensor systems for monitoring and managing the condition of crops in storage. Its products send data to a phone or web application, allowing farmers to track grain quality and act before grain moves out of specification. The company was built out of the University of Illinois and serves customers primarily in the United States.

The current product line centers on the ACE AIR Kit, which combines an "Analyzer" module that issues predictive alerts on grain condition and an "Automator" module that controls bin fans. The system is positioned as a cable-free alternative to conventional temperature-cable installations: it is wireless and solar-charged, and installation involves drilling a hole at the top of a bin, dropping in the sensor and plugging the hole, a process the company says takes about nine minutes. Sensing includes CO2 detection to catch grain degradation early, alongside moisture and temperature conditions. Earlier and related technology includes a wireless, kernel-like sensor designed to travel with grain through the supply chain, and a radio-frequency puck about the size of a key fob that can be inserted into a bag of grain and read at points along the chain.

Amber states it holds a United States patent, has received federal funding through the National Science Foundation, and shares two NSF grants with Iowa State University. It reports multi-year ACE AIR deployments on research farms (five and seven years), installations at Purdue research farms, a Kent Feed Mill and Grain Science Complex, and a Feed Technology Center, plus a decade of original R&D and supporting grain science research.

Founding story

Cofounder Lucas Frye grew up on a sixth-generation grain farm in Mason County, Illinois, studied agricultural economics and pursued an MBA at the University of Illinois, served on the university's Board of Trustees as a student representative, and worked across seed production, agricultural lending and agribusiness strategy consulting. During a consulting engagement with a US commodity association, he interviewed roughly 100 people across the grain industry about differentiating American grain, and found that successive five-year reports had reached the same conclusions without the industry acting on them. In his final year on campus he met cofounder Joseph (Joey) Varikooty at a hackathon weekend. Varikooty grew up in New Jersey, worked as an instrumentation engineer at a Rockefeller University neurobiology lab while in high school, double majored in electrical engineering and bioengineering at the University of Illinois, and worked on Fitbit's R&D team in machine vision and remote biometric sensing before leaving school as a Thiel Fellow. A hackathon project led by Varikooty evolved into Amber Agriculture.

Business model

Amber sells grain-storage hardware kits directly to farmers, with online ordering, published shipping timelines of about 10 days and phone-based sales and support lines. The product pairs on-bin sensing hardware with a web/app interface for alerts and fan control, and third-party classification of the company describes recurring software revenue alongside the hardware. Promotional discount codes are offered through the website.

Hardware sales of the ACE AIR Kit ordered online, with associated web/app monitoring; a third-party classification characterizes revenue as recurring with a software component.

Traction

Amber cites thousands of sensor deployments with farmers and industry, seven harvests of practice, 14 technology iterations, an 8.8 average farmer product review score, ACE AIR units running for five and seven years on research farms, one international export deployment, and installations at Purdue research farms, a Kent Feed Mill and Grain Science Complex, and a Feed Technology Center. One customer reports having installed ten units himself. A third-party research page lists eight employees as of February 2024.

Latest developments

Recent items highlighted by the company include new ACE AIR installations at a Kent Feed Mill and Grain Science Complex and at a Feed Technology Center, continued deployment on university research farms including Purdue, a shared pair of National Science Foundation grants with Iowa State University, and a first international export deployment. Amber also reports 14 technology iterations and seven harvests of field practice, and markets the ACE AIR Kit as the only device on the market with its combination of features. A third-party company research page lists eight employees as of February 2024.

Full profile — market position, technology, go-to-market, geography, history

Market position

Amber competes in grain storage monitoring against established cable-based temperature monitoring systems, with customers naming Sentry Pacs, Bullseye and GSI cable systems as prior solutions. Third-party research lists comparable companies including Smart Farm Systems, FarmSense, FarmLink and Map My Crop. The company is classified as an agriculture/hardware venture-backed business in IoT and wireless sensing, with a pre-seed stage designation by one research provider.

Amber's principal stated differentiator is the elimination of cables: the ACE AIR system is wireless and solar-charged, self-installable by the farmer without professional wiring, and priced below cable-based alternatives according to customer testimonials on the company site. CO2 sensing is cited by customers as a reason for purchase over incumbent temperature-cable and monitoring systems such as Sentry Pacs, Bullseye and GSI cables, because it gives an earlier indication of grain degradation. The company also points to a US patent, National Science Foundation backing, and university research validation.

Technology

Wireless, solar-charged sensor devices that mount on grain bins without cables and communicate readings to a phone or web application. The Analyzer detects conditions signaling grain moving out of specification, including CO2, moisture and temperature; the Automator controls bin fans. Amber has also developed ultra-low-power wireless "kernel-like" sensors that can flow with grain through the supply chain, and a key-fob-sized radio-frequency transmitting puck readable at points along the grain supply chain. The company reports UL product certification work, firmware and IoT platform development in-house, a United States patent, and a decade of original R&D.

Go-to-market

Direct-to-farmer sales through the company website with online ordering, downloadable product literature, discount code offers, and dedicated sales and support phone lines; the company emphasizes responsive phone support and self-installation. Credibility building comes through awards (CES best startup, Cozad New Venture Competition, Illinois Innovation Prize, Forbes 30 Under 30), NSF funding, and installations at university research farms and feed/grain science facilities.

Grain farmers with on-farm storage bins across US breadbasket states, plus grain industry and research institutions such as university research farms, feed mills and grain science facilities.

Geography

Headquartered in Chicago, Illinois, with roots in Champaign, Illinois at the University of Illinois. The company serves customers in the United States, citing customers across breadbasket states including Minnesota, Nebraska, Missouri, Illinois and Ohio, and reports grain preservation work on a couple of continents plus one international export deployment. Manufacturing is led out of Shenzhen, China, where the founders previously spent six months.

History

The company traces its origin to a hackathon project at the University of Illinois, where Frye and Varikooty met, and was built out of the university; company materials variously cite founding by students in 2015 and incorporation/company founding in 2016, the year Amber won the campus New Venture Challenge (Cozad New Venture Competition). The founders then spent about six months in Shenzhen, China living above the electronics markets to develop hardware, followed by roughly six months of company building in Silicon Valley, before returning to Illinois and establishing the team in Chicago. Recognition followed early: the Illinois Innovation Prize, best startup at CES as judged by Engadget, Varikooty's 2018 Thiel Fellowship, and the founders' inclusion on the Forbes 30 Under 30 Manufacturing & Industry 2021 list. Amber's technology was also referenced in a US Senate Agriculture Committee hearing as a grain-traceability puck. Drew Bell joined as Research Lead in 2018, and Rajeev Piyare leads network engineering.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Average farmer product review scoreJan 20248.8 score out of 10
EmployeesFeb 20248 people
Harvests of field practiceJan 20247 harvests
NSF grants shared with Iowa State UniversityJan 20242 grants
Technology iterationsJan 202414 iterations
Total funding raisedDec 2020$2M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 1

by search overlap

Companies competing with Amber Agriculture for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 9

launches, deals, and filings
Jan 2024
ACE AIR deployed at university research facilities

Amber reports ACE AIR units deployed on research farms for five and seven years, installations at Purdue research farms, a Kent Feed Mill and Grain Science Complex, and a Feed Technology Center, plus two National Science Foundation grants shared with Iowa State University.

source ↗

Jan 2024
ACE AIR Kit marketed as wireless, solar-charged grain bin automation

Amber's site presents the ACE AIR Kit, combining an Analyzer for grain condition alerts and an Automator for fan control, installed by drilling a hole at the top of a bin and dropping in the sensor; the company says units ship in 10 days and install in about nine minutes.

source ↗

Jan 2024
United States patent awarded

Company materials state Amber Agriculture has been awarded a United States patent.

source ↗

Jan 2021
Founders named to Forbes 30 Under 30 (Manufacturing & Industry 2021)

Cofounders Lucas Frye and Joseph Varikooty were listed on the Forbes 30 Under 30 Manufacturing & Industry 2021 list.

source ↗

Jan 2018
Cofounder Joseph Varikooty named a Thiel Fellow

Joey Varikooty, who left the University of Illinois, was named to the Thiel Fellowship as a 2018 fellow.

source ↗

Jan 2018
Technology cited in US Senate Agriculture Committee hearing

In a US Senate Agriculture Committee hearing, Dr. Ken Dallmier described Amber Agriculture's radio-frequency transmitting puck, insertable into a bag of grain and readable throughout the supply chain, as a way to reduce reliance on paper documentation.

source ↗

Jan 2017
Named best startup at the Consumer Electronics Show by Engadget

Engadget named Amber Agriculture the best startup at CES in Las Vegas, citing its sensor array for checking stored grain quality; company materials describe this as #1 startup at the world's largest technology show.

source ↗

Jan 2016
Won University of Illinois Cozad New Venture Competition

Amber Agriculture took the grand prize at the University of Illinois Urbana-Champaign Cozad New Venture Challenge, reported by Chicago Inno; company materials cite being champions of the campus New Venture Challenge in 2016.

source ↗

Jan 2016
Won the Illinois Innovation Prize

Amber Agriculture received the Illinois Innovation Prize, which honors campus innovators, for its IoT sensor system that monitors CO2 and moisture inside grain bins.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Amber Agriculture do?
Chicago-based agtech company selling ACE AIR, a wireless, solar-charged grain bin monitoring and fan automation kit.
Who founded Amber Agriculture?
Amber Agriculture was founded by Lucas Frye, Joseph Varikooty in 2016.
Who are Amber Agriculture's investors?
Amber Agriculture's investors include Gen Capital, HAX, Illinois Ventures, 1517, SOSV.
How much funding has Amber Agriculture raised?
Amber Agriculture has disclosed $2.3M raised across 2 rounds.
Where is Amber Agriculture headquartered?
Amber Agriculture is headquartered in Chicago, US.