FarmWise, a San Francisco, CA-based maker of adaptive autonomous farming equipment, raised $5.7m in seed funding.
Backers included Playground, Felicis Ventures, Basis Set Ventures and Valley Oak Investments. In conjunction with the funding, Bruce Leak, inventor of QuickTime and co-founder of WebTV, is joining FarmWise’s board of directors.
The company intends to use the funds to pilot their first autonomous machines on some of the largest vegetable farms in the US and expand its engineering team.
Founded in 2016 by Sebastien Boyer, CEO, FarmWise leverages machine that employs computer vision, deep learning, and plant recognition for effective weeding. It replaces herbicides, increases yields, can adapt to different crops. In addition, its machine learning algorithms will enable it to adjust to additional farming tasks over time.
FinSMEs
20/12/2017