FarmWise’s Post

AgTech startup TartanSense rebrands as Niqo Robotics to commercialise AI robotics for sustainable farming #brandwagon #rebranding #agtech #artificialintelligence #sustainablefarming Niqo Robotics (formerly TartanSense)

The Robots are Here – Bonsai Robotics Closes $13.5M Seed Round The rise of robots in agricultural production represents a promising trend that addresses an array of challenges faced by the farming industry: labor shortages, the need for increased efficiency and sustainability, threats to farm laborer welfare due to severe conditions such as extreme heat, and recalls caused by the contamination of a crop through human contact. While there are still obstacles to overcome, technological advancements and a growing interest in agricultural automation suggest that robots will continue to play a growing role in the future of farming, and the funding rounds are reflecting this reality. https://hubs.li/Q024MX-Y0

Exciting News Alert! Niqo Robotics Robotics, the pioneering Agritech startup, has successfully concluded its Series B funding round, raising a remarkable $13 Mn (approx. INR 108 Cr). This funding, consisting of two tranches, further solidifies Niqo's position in revolutionizing agriculture through innovative technology. Led by Bidra Innovation Ventures, the second tranche secured $4 Mn, complementing the initial $9 Mn raised. Fulcrum Global Capital and existing investor Omnivore joined hands in this strategic investment. Niqo Robotics has now amassed a total funding of $21 Mn, a testament to its promising vision and groundbreaking solutions. Since its inception in 2015 by Jaisimha Rao, Niqo Robotics has been at the forefront of offering agrochemical spraying services with its precision spot spray technology. By leveraging AI-powered deep learning models, Niqo significantly reduces chemical usage, benefiting farmers and ecosystems alike. announce to the Series B fund closure, bolstered by a syndicate of investors with profound agricultural expertise spanning three continents," expressed Rao. This backing will propel Niqo's expansion into new markets and accelerate global adoption of spot spray technology. With a focus on farmer-centric solutions, Niqo Robotics has already commercialized over 90,000 acres, demonstrating substantial chemical savings and impacting over 1,800 farmers positively. This aligns perfectly with Bidra's mission to champion innovative solutions for sustainable agriculture. As Niqo continues to thrive with its AI-powered solutions, it reflects a broader trend of integrating technology into farming practices. Initiatives like those by the Uttar Pradesh government further underscore the importance of agritech startups in shaping the future of agriculture. We're proud to witness Niqo Robotics at the forefront of this transformative journey! #Agritech #Innovation #SeriesBFunding #AIinAgriculture #SustainableFarming #NiqoRobotics

CHF 500,000 for autonomous crop analysis solutions to promote sustainable farming practices: Swiss-Indian #agtech and #drones startup SUIND raises seed financing. Congrats and all the best for 2024 to the team of founders Kunal Shrivastava and Kevin Kleber! https://lnkd.in/dE_A8CCq About: SUIND is revolutionizing the agricultural industry with its AI-based plant healthcare system. By utilizing a cutting-edge deep learning network, SUIND analyzes extensive data from sources, such as multispectral drones, satellites, and weather, to efficiently detect and resolve crop-related issues. The company's state-of-the-art drones are equipped with vision-based AI technology, making them completely autonomous. Its innovative approach significantly enhances crop yields and promotes sustainable agriculture. SUIND is a spin-off of University of Zurich and a 2020 alumnus of Venture Kick. #VentureKick #SwissStartups

Niqo Robotics Raises $13 Mn in Series B Round to Scale Globally. In a significant development for the agritech industry, Niqo Robotics (formerly Tartan Sense) has secured $13 million in Series B funding to accelerate its global expansion efforts. Brida Innovation Ventures led the funding round and saw significant contributions from new investor Fulcrum Global Capital and existing supporter Omnivore. Niqo Robotics specializes in crafting compact agricultural robots empowered with AI-driven computer vision technology, aiming to revolutionize farming practices worldwide. With their innovative spot spray technology, Niqo claims to reduce chemical usage by up to 90%, offering farmers a more cost-effective and sustainable solution for crop management. Jaisimha Rao, founder and CEO of Niqo Robotics, expressed his excitement about the funding, stating, "This investment will enable us to enter new markets and drive the commercial adoption of our technology on a global scale." The company's track record is impressive. In the fiscal year 2023-24 alone, it commercialised over 90,000 acres of land and benefitted more than 1,800 farmers. However, despite its growth trajectory, Niqo Robotics remains focused on innovation, aiming to enhance farm productivity and sustainability further. With Brida Innovation Ventures leading the Series B round and Omnivore Partners holding the most significant external stake in the company, Niqo Robotics is well-positioned for continued success in the competitive agritech landscape. Read More : https://lnkd.in/eqX692JA #Agritech #Robotics #SeriesBFunding #AI #Innovation #Sustainability #GlobalExpansion

Could robotics be the next big revolution in UK Agriculture? Muddy Machines, founded by Christopher Chavasse and Florian Richter, is pioneering a game-changing solution. Their creation? A robotics platform targeted at managing labour-intensive crop tasks such as weeding and precision applications - the first of its kind focusing on the green asparagus harvest technology! The London-based AgTech startup is not just about automating mundane tasks. They seek to explore the incredible potential of intelligent robots in changing the future of our farms. With Muddy Machines leading the way, the future of British farming may be more high-tech than we could have ever imagined! Swipe through to see how this innovation could impact our countryside and agriculture industry. Read the full article here: https://UKT.news/?p=12252 #AgTech #Robotics #UKAgriculture #Innovation #Startups #MuddyMachines

A major angel investment was recently made in Ghana's 3Farmate Robotics, an innovative agritech startup. The investment was coordinated by Alliance4ai.org, a major participant in the continent's AI industry dedicated to fostering ground-breaking ideas. This investment's precise amount is still unknown. "This investment marks a pivotal moment as it powers our initiative to scale up the production of our innovative robots. These robots, meticulously designed and driven by cutting-edge AI developed in-house, are set to redefine farming practices in Ghana and subsequently across Africa and beyond", Clinton Anani, CEO & Co-Founder, 3Farmate Robotics, said. "Our forthcoming launch has sparked an incredible level of anticipation within the farming community. The growing waitlist of farmers eagerly awaiting our technology speaks volumes about the urgency and need for innovative solutions in agriculture. These forward-thinking farmers, representing a diverse array of agricultural practices, recognize the potential of our AI-driven solutions to revolutionize their operations. We are humbled by their overwhelming support and are committed to delivering on their expectations by providing them access to cutting-edge technology that will elevate their farming methods to unprecedented levels of efficiency and productivity", he added. African farmers may now increase crop yield and income by using 3Farmate's cutting-edge robotics and artificial intelligence solutions. 3Farmate Robotics LTD ELIJAH OCUPUALOR Alliance4ai #3farmate #ai #agritech #startup

Mojow Autonomous Solutions Inc. is working on their autonomous agtech solution, EYEBOX™. With the Canadian Agri-Food Automation & Intelligence Network's (CAAIN's) support, they're one step closer to commercialization 🚀 Congratulations to both companies! 🎉 Agriculture is evolving from a traditional industry into an emerging tech area. There are economic, environmental, and social benefits to making agriculture “smart” through automation, monitoring sensors, and other advanced tools. It allows Alberta and Canada to help feed a growing global population by enabling our producers to grow more food, more sustainably, on less land using fewer resources. Alberta Innovates led the creation of a federally funded, national network based in Alberta (the Canadian Agri-Food Automation and Intelligence Network, or CAAIN). Alberta Innovates also supports ag tech from field to fork through our own agri-food innovation programs and the Agricultural Funding Consortium of agricultural organizations. Learn more about Alberta Innovates' Agri-Food Innovation Strategic Initiative: https://lnkd.in/g9JaTRwZ