Abundant Robotics, a Hayward, California-based provider of robotic solutions for orchard agriculture, secured $10m in Series A funding.
The round was led by GV with participation from BayWa AG, Tellus Partners, Yamaha Motor Company, KPCB Edge and Comet Labs. In conjunction with the funding, Andy Wheeler, a general partner at GV, joined Abundant Robotics’ board of directors.
The company, which has raised $12m in venture capital funding to date, will use the funds to continue preparing its first product for commercial launch.
Founded by Dan Steere, Curt Salisbury, and Michael Eriksen, Abundant Robotics is currently advancing a commercially viable solution for orchard harvesting. The company, which spun out from SRI in 2016 to commercialize this technology, willinitially focus on apple harvesting while, in the long term, they expects to automate additional types of fresh fruit production.
FinSMEs
04/05/2017