|
Briefing
|
- $14.5 Million Funding – California-based FarmWise Labs Inc. raised $14.5 million in series A funding round led by Calibrate Ventures and participated by agriculture company Wilbur Ellis
- Autonomous Farming – Developing robots that use machine learning models, computer vision and high-precision mechanical tools to automate processes from seeding to harvest
- Weeding Robot – Initial technology efficiently removed weeds from more than 10 million plants
- Personalized Care – Plans to personalize care to individual plants based on needs by autonomously monitoring and targeting interventions
- Investment Uses – Include expanding robotic engineering and operations teams, as well as boosting research and development (R&D) efforts on plant-level detection and actuation capabilities
- Experienced Team – Comprised of 25 farming and AI experts from MIT, Stanford University and Columbia University
|
|
Accelerator
|
|
|
Market Disruption
|
|
|
Business Model and Practices
Business Model
and Practices
|
|
|
Sector
|
Agriculture, Forestry and Fishing, Information Technology
|
|
Function
|
Accounting and Finance, Marketing and Business Development, Research and Development
|
|
Organization
|
FarmWise Labs Inc.
|
|
Source
|
|
|
Original Publication Date
|
September 17, 2019
|
