FarmDroid, a startup helping farmers and plant breeders reduce their costs of manual labor, secured €10.5 million investment to accelerate the expansion of its autonomous, solar-powered agricultural robot in the conventional market
The funding round was led by Convent Capital, with participation from EIFO and Navus Ventures, providing a total of nearly DKK 80 million. The FarmDroid robot can sow, remove weeds, and reduce pesticides usage with a new micro spray system, all while operating continuously in the field, powered by solar energy. Now, FarmDroid is set to expand further globally,…