Market trends and business perspectives
Farming is no easy task. From planting to harvesting, several steps need to be taken for a successful crop.
While farming may seem like a simple process, many farmers still find themselves spending more time within their fields, rather than with their families at home.
Fortunately, modern technology is making it possible for farmers to spend less time on the farm and more time with the people they love. [Read more…] about The Positive Effects of Farming Automation
Total investment in agricultural robot startups has increased significantly as farmers look to offset labor shortages partly caused by the coronavirus pandemic, according to a report on the Financial Times website.
Citing data collated by DealRoom.co, the news website says investment in vertical and indoor farming startups has grown by more than 40 percent this year compared with last year.
Indoor farming is basically the process of growing inside large buildings, some of which are like greenhouses and use natural light coming through transparent roofs, while others use artificial lights if their roofs are opaque. [Read more…] about Investment in agricultural automation increases as farmers look to offset labor shortages
A startup company in Thailand called Ricult is planning to use satellite imagery and artificial intelligence to provide precision agritech services to farmers.
The company recently raised $2 million in new investment, bringing its total funding to $5 million, according to Nikkei. Among its backers are the Bill and Melinda Gates Foundation, and Bangkok Bank.
Ricult – which takes its name from the middle of the agriculture – says it is particularly targeting small-scale farmers with its services. [Read more…] about Thai agritech startup to use satellite images and AI for farming
Indoor farming startup AppHarvest has raised $28 million in its latest funding round, bringing the total to $150 million.
As Bloomberg reports, AppHarvest is building “the world’s largest greenhouse” in Morehead, Kentucky in the US.
AppHarvest uses similar indoor farming techniques to those used by so-called “vertical farming” companies in that it can irrigate its crops using 90 percent less water than traditional farming techniques. [Read more…] about New AppHarvest funding round brings total to $150 million
SpaceTime Labs and Small Robot Company are partnering to co-develop swarms of fourth generation autonomous aerial and terrestrial robots to “transform” Latin American agriculture with “per plant farming solutions”.
The strategic partnership will focus on co-developing an on the ground, end-to-end “per plant” planting, weeds, pests and disease management and nutrition management “farming as a service” value propositions delivered through an integrated delivery “sense-predict-act” value chain for all key commercial crops in Latin America.
The companies will work with leading Brazilian and Argentinian farmers to prototype, test and scale Per Plant Farming – maximising yields whilst reducing the impact on the environment. [Read more…] about Spacetime Labs and Small Robot Company to develop swarm robotics for agri-business in Latin America
Agriculture in the future will see increasing use of scientifically precise farming techniques, where automated “agro-bots” monitor, treat and work the land, using advanced technology designed to help maximise yields and minimise disease.
With its extensive experience in automation and agricultural mechanisation, agritech specialist Yanmar is now showing the way in advanced field robotics research.
Time for change in our changing times?
It’s hard to think of a more important economic sector than agriculture. This is an industry that directly affects the lives of everyone the world over, despite being beset by challenges from all sides.
Changes in temperature and precipitation are influencing crop yields; farmers and agricultural workers are directly exposed to the effects of weather extremes, while millions more in food-related jobs are already feeling the impact of our changing climate. [Read more…] about Yanmar leads agricultural robotics project to develop ‘SMASH’ system
Startup company Naïo Technologies has raised €14 million in a new funding round to develop and expand its farming robots business.
After a first round of €3 million in 2015, the French start-up Naïo Technologies specialized in agricultural robots, announces the closing of a €14 million funding round led by Bpifrance.
Impact investor Pymwymic and Codema and its historical shareholders, Demeter and Capagro, flanked Bpifrance in this investment round. [Read more…] about Naïo Technologies raises €14 million for farm robot business
Marijuana farming and the industry associated with the sale of the products made from it have been growing steadily ever since the prohibition has been lifted in most places in North America.
The newly legal cannabis industry might still taking its first baby steps, but its contribution to the advancement of farming technology is indelible.
This is especially true for greener and more environment-friendly agricultural practices around the world. [Read more…] about The Impact of Cannabis Cultivation on Marijuana Farming
FarmWise, a US startup which builds autonomous farming robots, has raised $14.5 million in a Series A funding round led by Calibrate Ventures.
In addition to existing investors backing FarmWise, agriculture company Wilbur Ellis, Xplorer Capital and Alumni Ventures Group are participating in the round.
The proceeds will be used to grow the company’s robotic engineering and operation teams, as well as boost R&D efforts on plant-level detection and actuation capabilities. [Read more…] about FarmWise raises $14.5 million for its weed-removing robots
Yamaha’s agricultural technology investments leader says he is observing the vertical farming market with a view to backing startups in the sector. (See video below.)
In a wide-ranging interview with Robotics and Automation News, Nolan Paul, partner, global agricultural technology lead at Yamaha Motor Ventures & Laboratory Silicon Valley, says he finds vertical farming
“Vertical farming is one of those technologies which has the ability to transform the way food is grown and consumed,” says Paul. [Read more…] about Yamaha looking to invest in vertical farming companies
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