Richmond, VA, August 25, 2021 (Globes Newsweire) – The Center for Innovation Technology (CIT) today announced that the Virginia Innovation Partnership Authority (VIPA) Investment Division has invested in the CIT GAP Fund in St.ville. , BloomCatch based on VA. BloomCatch is a versatile mobile plant identification application that combines edge machine learning with live human experiences to connect plant parents with plant experts and local retailers. BloomCatch uses this funding to expand awareness and attract marketing initiatives focused on Virginia-based initiatives.
Today’s gardening applications are limited in their capabilities. Most of these apps, combined with machine learning or congested ID, only provide image recognition, which is good for basic plant identification, but has the potential for serious errors. BloomCatch creates plant parents with plant experts and local retailers to create a unique shopping experience for each user, enhancing plant identification technology in a user-friendly package and beyond. Plants are important in many ways, even providing food, medicine and fuel.
“A few years ago, I was walking with my children on a marshmallow and was curious about what plants were. I have downloaded several apps to try and help, but none of them worked properly. So I decided to build my own app. ” Ray Maggie, President and CEO of Bloomich. “BloomCatch was born out of a desire to provide accurate and horticultural knowledge to plant lovers who want to grow healthy plants and get the best environmental deals for them. Whether you are an avid gardener or hiking with curious kids, BloomCatch is here to help. We are pleased to have the support of the CIT GAP Fund and look forward to our next growth.
BloomCatch combines cutting machine learning with live human knowledge. For a low monthly subscription fee, users get BloomCatch’s extensive database and unlimited queries from startup experts. Users can take a photo of the desired plant and in seconds the app can tell you what the plant is and where to find it at local retailers. In addition, by registering, users join local garden retailers, plant lovers, plant awareness clubs and other local groups that share a similar passion for plants. The initiative is also supported by organizations that prioritize protection, environmental education and sustainability. Ten percent of every user’s BloomCatch subscription goes to a local charity that conforms to this philosophy.
“The Blockchain team recognizes that plant lovers need a more intelligent and interactive application to identify their favorite plants and even where to find them for purchase to build more unique and sustainable gardens. Ray’s unique background in computer science and business administration, as well as his previous experience in the US Department of Agriculture, make him a good founder and director of blockchain. CIT GAP Financial Managing Director Tom Whiteman said. “This company not only helps plant lovers learn more about popular plants, but we are pleased to have CIT GAP Funds portfolio companies dedicated to conservation, environmental education and sustainability. As they grow and have a positive impact on the industry, the CIT is part of their journey and we look forward to following them.
BloomCatch is an application that allows home gardeners to easily find professionals and local plant retailers, active and healthy gardens. By combining cutting machine learning with real human interaction, you can learn more about plant life in three easy steps and become an expert in nature. For more information, please visit https://www.bloomcatch.com/.
About CIT GAP Fund | Investment Section | Virginia Innovation Partnership Authority (VIPA)
CIT GAP Funds makes racial equity investments in Virginia-based technology, clean energy and life sciences companies to achieve rapid growth and generate significant economic growth for entrepreneurs, joint ventures and Virginia Commonwealth. A.D. Since its inception in 2005, CIT GAP Funds has distributed $ 32.4 million in capital to more than 240 portfolio companies, including 17 companies in the Opportunity Zones. CIT GAP Funds Investment Decisions are conducted by the CIT GAP Funds Investment Advisory Board (IAB). This independent, third-party panel is led by leading regional entrepreneurs, angels, and strategic investors, and as new corporate partners, Grotech Venture, Harbert Venture Partners HIG Ventures, Edison Ventures, In-Q-Tel, Intersouth Partners, SJF Ventures, Systems, Johnson & Johnson, General Electric, and Alfa Natural Resources. For more information, please visit https://www.cit.org/gap-investment-funds.html.
About Virginia Innovation Partnership Authority (VIPA)
The Virginia Innovation Partnership Authority (VIPA) was established in 2020 to support the creative life cycle. To entrepreneurship; Funding for prenatal and seed-level, as well as accelerating, growing and producing business, which will lead to the creation of new jobs and the establishment of a company. The authority provides a common, consistent and robust approach to identifying Commonwealth entrepreneurs’ strengths, including identifying the talents and resources that make Commonwealth unique places to grow and attract technology-based businesses. VIP, City as a whole, brings together existing and new programming activities in a way that maximizes the total number of individual programs. VIP design programs include management and management skills to generate dynamic and measurable results. For more information, please visit www.cit.org/vipa.
About Innovation Technology Center (CIT)
Investing in Virginia Growth | VIPA’s Non-Profit Arms CIT accelerates next-generation technologies and technology companies through entrepreneurship, capital formation and market development initiatives. Programs include | CIT GAP Fund | Commonwealth Research Marketing Fund (CRCF) | Commonwealth Business Fund (CCF) | Virginia Founders Fund | Smart Communities | Cyber Security | Wireless systems | SBIR / STTR Support (SBIR) and Small Business Technology Transfer (STTR) Programs | Virginia Research Investment Fund (VRIF) | University Partnership | Startup Company Instructor and Participation. For more information, please visit www.cit.org. You can also follow CIT on Twitter, LinkedIn and Facebook.