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Swiss Agtech Company, Ecorobotix, Raises $52M In New Funding

May 10, 2023over 2 years ago

Amount Raised

$52 Million

Yverdon-les-BainsFarmingAgriculture and Farming

Description

Ecorobotix, the Swiss manufacturer of ARA, an AI powered plant-by-plant recognition and ultra-high precision smart spraying system, announced the completion of a $52 million (CHF 46 million) funding round, jointly led by AQTON Private Equity GmbH and Cibus Capital LLP, with additional investments from Swisscanto Invest/Swisscanto Growth Fund I, Yara Growth Ventures, Flexstone Partners, and from existing investors including Swisscom Ventures, BASF Venture Capital, 4FOX Ventures, and Verve Ventures. The funding will accelerate Ecorobotix’s geographic expansion across new and existing markets and accelerate new product development.

Company Information

Company

Ecorobotix

Location

Yverdon-les-Bains, Vaud, Switzerland

About

Ecorobotix sells AI based plant-by-plant recognition and ultra-high precision crop-treatment solutions that reduce the environmental impact of modern agriculture.

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