The Autonomous Agriculture Fund raises $ 10.9 million in Series A funding

Burro, an autonomous agricultural company located in Philadelphia formerly known as Augean Robotics, has been created $ 10.9 A series of financing to automate the agricultural industry

The total subsidy raised at the startup by the shifts led by S2G Ventures and Toyota Ventures is $ 12.7 million. New investors like F-Prime Capital and the Cibus Enterprise Fund joined the turn with existing investors at ffVC and Radicle Growth. Sanjeev Krishnan, CEO and investment manager at S2G Ventures, said of the company’s involvement:

“Burro products are in high demand because the team is hyper-focused on understanding and solving real agricultural use cases in an easy and accessible way. We are pleased to support the Charlie and Burro team as they work closely with the growers to improve the social, environmental and economic outcomes of the farm. ”

Founded in 2017, Burro develops and provides a unique stand-alone plug-and-play robot with the goal of improving profitability and alleviating labor shortages by laying the groundwork for more comprehensive automation. Thanks to a patent pending patent called Pop Up Autonomy, all people in the work environment can become operators.

The robots designed for launching use computer vision and AI to carry various loads, one of which allows them to harvest 48% more fruit per day. Currently, there are 90 robots in the field of table grapes that do 100-300 miles a day autonomously, six days a week. Charlie Andersen, CEO of Burro, said of the startup’s unique approach:

“Many autonomous companies starting out in agriculture are primarily focused on autonomous tractors, autonomous mowing and harvesting, where they try to automate extremely difficult technical tasks and often strive to reach the big market – we started with collaborative people – scaling robots to heavy things those who help move “

The new capital will be channeled to autonomous agricultural startups to boost the deployment of their robotic solutions, which will allow users to improve working conditions and increase productivity. agriculture industry.

Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also
Back to top button