Guardian Agriculture, a Malden, MA-based eVTOL-powered crop protection company, came out of stealth with a $10.5m in seed financing.
The round was led by Leaps by Bayer with participation from FMC Ventures, Wilbur-Ellis’ Cavallo Ventures, Fall Line Capital, the MIT-affiliated E14 Fund, Pillar VC and Neoteny.
The company, which has raised $15.5m in total financing, intends to use the funds to accelerate development and production of its crop protection system.
Led by Adam Bercu, CEO and Co-Founder, and by Jeff Sparks, COO, Guardian Agriculture has developed an integrated eVTOL (electric vertical takeoff and landing) system for precision application, extending growers’ reach, reducing environmental impact and minimizing product resistance.
Offered as a service, the company’s autonomous, eVTOL, agricultural systems collect and act intelligently on data generated throughout the crop protection process. When deployed at scale the systems are capable of eliminating hundreds of millions of pounds of unnecessary pesticide use annually while helping farmers grow healthier, better protected crops.
FinSMEs
06/04/2021