- May 11, 2017
- Posted by:
- Category: FundingSMEs.com
Abundant Robotics has raised $10 million in Series A funding.
Founded in 2016, Abundant Robotics is a robotics and automation startup that wants to help agricultural growers shoulder this task.
The company will use the proceeds to commercialize its first product, an apple-picking robot aimed at reducing the $200 billion orchard farming industry’s reliance on seasonal labor, labor that hasn’t improved its productivity in 20 years despite yield increases.
|Founder / CEO||Dan Steere|
|Yamaha Motor Ventures & Laboratory Silicon Valley|
|Previous Investors||SRI Ventures|