Blue White Robotics Raises $37M in Series B Funding

Blue White Robotics, a Tel Aviv, Israel-based platform that provides Robots-as-a-Service (RaaS) that enables farms to run themselves autonomously, raised $37M in Series B funding.

The round was led by Insight Partners and Entrée Capital, joined by Clal Insurance, Jesselson Family Office, Peregrine VC, and Regah Ventures.

The company intends to use the funds to increase the rapid adoption of these technologies, drive new US sales, and hire talent for their international team.

Led by Ben Alfi, co-founder and CEO, Blue White Robotics creates a cohesive experience across farming operations year-round from sprays and harvesting to disking and seeding. By retrofitting existing infrastructure with intelligent autonomous algorithms, the robot tractors improve farm productivity, precision, and worker safety. Additionally, its platform collects and distributes data that creates new services to increase yields and reduce inputs for the growing autonomous operation.

FinSMEs

23/09/2021