Market trends and business perspectives
Yamaha is using part of its $100 million investment fund to buy a stake in Advanced Farm Technologies.
Yamaha Motor Ventures & Laboratory Silicon Valley led the Series A funding round for the startup.
Yamaha says this latest investment reflects the company’s “core interest in businesses driving innovation in the agricultural sector. [Read more…] about Yamaha taps into its $100 million fund to invest in Advanced Farm Technologies
Yamaha Motor Ventures & Laboratory Silicon Valley, the strategic business development and investment arm of Yamaha Motor, has participated in the $16 million Series A funding round for Exyn Technologies, a developer of autonomous aerial robotics for GPS-denied environments.
The investment is one of the first out of the $100 million Yamaha Motor Exploratory Fund established in 2018 and activated this year. The Exyn investment reflects YMVSV’s interest in developing innovation in the aviation sector.
George Kellerman, CEO and managing director of YMVSV, says: “Advanced aerial autonomy technologies have broad impacts across industry sectors, making Exyn Technologies a very attractive exploratory investment for us. [Read more…] about Yamaha invests in drone tech startup Exyn
Agricultural innovations are essential for feeding our ever-growing global population.
Especially these days, as industrialisation and global warming continue to negatively affect soil fertility and reduce the amount of arable land.
According to the United Nations, the world’s population is set to reach 9.8 billion by 2050.
[Read more…] about Samsung moves into the vertical farming marketRobotics and Automation News was established in May, 2015, and is now one of the most widely-read websites in its category.
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