FarmDroid obtains over $11M to deploy its modular robotic globally


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FarmDroid obtains over M to deploy its modular robotic globally

The FD20 makes use of high-precision RTK GPS to mark the place of every plant at seeding and may carry out each inter-row and intra-row weed management. | Supply: FarmDroid

Farmers at present face challenges together with the necessity to scale back chemical inputs, lower reliance on guide labour, and lower operational prices, famous FarmDroid ApS. The corporate, which is creating a solar-powered, autonomous robotic, this week mentioned it has secured a €10.5 million funding, round $11.37 million.

“We’re extremely proud to have closed this funding, which is able to strengthen FarmDroid’s place and supply alternatives to develop and increase the usage of agricultural robots,” said René Jannick Jørgensen, CEO of FarmDroid. “This funding contributes each with competencies and monetary sources devoted to scaling the enterprise, growing our influence, and selling sustainable and economically enticing options for agriculture.” 

Jens Vest Warming began FarmDroid after spending time hand-weeding sugar beets on his household’s farm. He discovered firsthand how a lot guide work goes into this course of and got down to discover a technique to automate it. Warming finally teamed up together with his brother, Kristian Warming, to co-found the Vejen, Denmark-based firm in 2018.

FD20 addresses a number of duties

FarmDroid mentioned it has developed a flexible, easy-to-operate, light-weight, and inexpensive robotic to deal with agricultural challenges. The modular FarmDroid FD20 can sow, take away weeds, and scale back pesticide utilization with a brand new micro-spray system. The corporate added that its system can function constantly within the discipline, powered by photo voltaic power.

With mechanical weeding, FarmDroid mentioned it could possibly scale back the usage of sure pesticides by as much as 100% in contrast with standard strategies. It claimed that its system promotes sustainability whereas preserving soil well being and decreasing operational bills. 

The corporate companions with distributors to convey its superior weeding and seeding robots to farmers globally. FarmDroid mentioned it at the moment has greater than 500 prospects.

FarmDroid FD20 with precision spraying implement.

The FD20 robotic with micro sprayer implement in a sugar beet discipline. Supply: FarmDroid

FarmDroid hopes to increase past natural farming

Convent Capital led FarmDroid’s funding spherical. The Export and Funding Fund of Denmark (EIFO) and Navus Ventures additionally participated, offering a complete of almost DKK 80 million ($11.5 million U.S.).

“We see FarmDroid as a frontrunner in robotization of arable farming, enabling extra sustainable and long-term productive practices,” mentioned Eduard Meijer, managing director at Navus Ventures.

“Their pragmatic and farmer-oriented know-how has been examined within the discipline for years as they established a formidable buyer base,” he added. “We’re trying ahead to our collaboration and see a powerful match with our background within the automation and robotization of agriculture.”

Having confirmed it techniques’ effectiveness totally on natural farms, FarmDroid mentioned its not too long ago launched spot-spraying software permits it to increase to standard open-field farming.

“Within the course of, it has been essential for us to search out the proper companions who perceive the DNA of FarmDroid, share our imaginative and prescient, and wish to be a part of us on the journey forward,” mentioned Jens and Kristian Warming, the founders of FarmDroid. “With Convent Capital, Navus Ventures, and EIFO on board, whereas we as founders stay the first homeowners, we’re geared for the subsequent steps on the journey. Now we have surpassed 500 robots – now the subsequent milestone is 1,000.”

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