SAN FRANCISCO, January 23, 2025 — CropX Technologies, a global leader in digital agricultural solutions, announced the appointment of Spencer Swayze to its Board of Directors. Swayze brings with him a wealth of experience and a distinguished career in investment management, strategic planning, and business development within the agribusiness and natural resources sectors.
Swayze most recently served as Managing Director at the private equity firm Paine Schwartz Partners, which focuses on private equity investments in the sustainable food sector. In addition, Swayze has served on the boards of several companies and organizations, including Hendrix Genetics, Axiota Animal Health, AgBiTech, and AgBiome, where he has been actively involved in shaping strategic directions and fostering growth initiatives.
Prior to his tenure at Paine Schwartz Partners, Swayze directed investments in the Natural Resources group at the University of Texas Investment Management Company (UTIMCO). At UTIMCO, he was responsible for overseeing natural resources investment activities across diverse asset classes, with a particular emphasis on agribusiness and infrastructure private equity. Swayze’s extensive experience also includes his time at Ceres, Inc., an agricultural biotech seed company, where he served as Vice President of Business Development. Swayze holds an MBA from the University of Texas at Austin McCombs School of Business and a BBA from Oklahoma State University.
“We are thrilled to welcome Spencer Swayze to our board,” said Tomer Tzach, CEO of CropX. “His extensive experience in investment management, coupled with his deep understanding of the agribusiness sector, will be invaluable as we continue to innovate and expand our solutions and markets for sustainable agriculture.”
Ervin Leibovici, Chairman of CropX’s Board of Directors, said, “Spencer’s strategic insights and leadership will undoubtedly contribute to CropX’s mission of enhancing farming productivity and environmental stewardship through digital farming solutions.”
Swayze expressed his enthusiasm about joining CropX, stating, “I am honored to join the Board of Directors at CropX, a company that is defying the odds and has significant organic and inorganic growth opportunities in its sights. I look forward to working with Tomer and the team to support the company’s growth and to help drive forward its vision of creating sustainable and efficient farming solutions.”
CropX completed a $30 million dollar Series C funding round in 2023. As a strategic consolidator of digital agricultural technologies, it has acquired and integrated six ag tech companies since 2020.
About CropX
CropX es uno de los proveedores de soluciones de gestión agrícola para el sector agroindustrial de más rápido crecimiento en el mundo, con presencia en más de 70 países y en todos los continentes con tierras cultivables. Nuestro producto estrella, el sistema agronómico de gestión agrícola CropX, sintetiza datos desde el suelo hasta el cielo para ofrecer inteligencia avanzada sobre el suelo y los cultivos, así como un conjunto de herramientas digitales de toma de decisiones y planificación agronómica, todo ello en una aplicación fácil de usar capaz de dar seguimiento a múltiples granjas y campos. CropX cuenta con el respaldo de las principales empresas agroindustriales y fondos de capital de riesgo del mundo, quienes reconocen que las tecnologías de agricultura de precisión de CropX establecen nuevos estándares de mejores prácticas en materia de sustentabilidad ambiental y mayor productividad agrícola. Obtén más información en www.cropx.com.