Bluewhite, a Tel Aviv, Israel-based agricultural Robot-as-a-Service (RaaS) company, raised $39M in Series C funding.
The round was led by Insight Partners, with participation from new investors Alumni Ventures and LIP Ventures, and existing investors Entrée Capital, Jesselson, and Peregrine Ventures.
The company intends to use the funds to further scale its agricultural autonomous tractor and farming solutions, and expand into new markets worldwide.
Founded in 2017 by Ben Alfi, Yair Shahar, and Aviram Shmueli, Bluewhite, formerly Blue White Robotics, drives the growth of resilient farms by bringing sustainable autonomous innovation to permanent crop growers worldwide. Bluewhite combines hardware and software into a single solution, allowing for completely remote fleet and data management. The company’s Pathfinder product is retrofitted onto any tractor and leverages computer vision, AI, and smart implements integration to navigate and execute multiple tasks autonomously, from crop seeding and spraying to mowing and harvesting, even in challenging conditions. Compass, the software-as-a-service (SaaS) component of Bluewhite’s solution, collects data from the field, analyzes it using advanced AI algorithms, and provides real-time dashboards, reports and insights, ensuring maximum efficiency across farm operations on any device.
The autonomous solution can be applied across all permanent crop types, including nuts, berries, apples, grapes, hops, stone fruit, and more. The solution has already helped execute more than 50,000 hours of autonomous farming activity across 150,000 acres of crops in California and Washington, USA.
Bluewhite also has offices in Fresno, California.
FinSMEs
23/01/2024