Founded in 2016, FarmWise continuously works with farmers to better understand and address the issues and constraints they face. The company wants to shape the future of vegetable farming, a $17 billion industry in the US alone, with machines that can adapt to different tasks to meet the needs of each farmer and each plant, at any time. FarmWise machinery is made locally to be durable and easy-to-integrate into a farm's daily routine. The company's first machine offers high-precision weeding and smart thinning. FarmWise aims to deploy their first commercial weeders next year, following the success of this pilot program.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
12/21/17 | $5,700,000 | Seed |
Basis Set Ventures Felicis Ventures Playground Global Valley Oak Investments | undisclosed |
04/12/18 | $4,500,000 |
Cleveland Avenue | undisclosed | |
09/17/19 | $14,500,000 | Series A |
Alumni Ventures Group Calibrate Ventures Wilbur Ellis Xplorer Capital | undisclosed |