Blue River Technology, a Sunnyvale, California-based provider of computer vision, machine learning and robotics solutions for agriculture, raised $17m in Series B funding.
The round was led by Pontifax Global Food and Agriculture Technology Fund (Pontifax AgTech) with participation from new investors Syngenta Ventures and Monsanto Growth Ventures and existing investors Data Collective Venture Capital, Khosla Ventures and Eric Schmidt’s Innovation Endeavors.
The company plans to use the funds to further expand its engineering team and to accelerate the development of its field-proven agricultural robots.
Founded in 2011 by Jorge Heraud, CEO, Blue River Technology produces robotic systems that precisely observe and treat each plant in a field. The company’s technology reduces the amount of chemicals used in agriculture while capturing plant-by-plant data via tractor-towed robots, which are able to sense each individual plant, determine its health, structure and needs, and apply the right amount of inputs – all in real time, at tractor speed.
The company’s first commercial application addresses thinning and weeding for specialty vegetable production. Blue River is also expanding to other crops.