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Greeneye Technology announces $20 million funding round to finance the continuing expansion of its artificial intelligence-enabled precision spraying business.

PRIVATEApr 17, 2024

Amount Raised

$20 Million

Round Type

Funding Round

Tel AvivOtherSustainabilityAgriculture and FarmingData And AnalyticsArtificial IntelligenceAgriculture And Farming

Investors

Nadav Bocher

Description

Greeneye Technology has announced a new $20 million funding round to finance the expansion of its artificial intelligence-enabled precision spraying business in the United States. This funding round comes amidst a year of significant expansion for Greeneye, with the introduction of new solutions in the field, including Greeneye-designed booms and expansion into new crops and smart applications of additional inputs.

Quick answer

Greeneye Technology raised $20 Million in a Funding Round round, dated April 17, 2024. Investors: Nadav Bocher. Greeneye Technology is based in Tel Aviv, Tel Aviv District, Israel.

How much did Greeneye Technology raise?
Greeneye Technology raised $20 Million in a Funding Round round on April 17, 2024.
Who invested in Greeneye Technology?
Nadav Bocher is named as investors in this round.
What does Greeneye Technology do?
Greeneye Technology was founded in 2017 in Tel Aviv, Israel, with the mission to develop alternative and sustainable solutions to current crop protection practices to meet the growing global demand for food production,..
Where is Greeneye Technology based and how big is it?
Greeneye Technology is based in Tel Aviv, Tel Aviv District, Israel.
Who are the decision-makers at Greeneye Technology?
Fundz holds 1 contact at Greeneye Technology. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Sustainability and Agriculture and Farming around the same time

Companies in the same sectors as Greeneye Technology that raised within 45 days of this round, from Fundz verified event records.

  • Fulcrum raised $16M on May 29, 2024.
  • Gravity raised $1M (Seed) on May 28, 2024.
  • Phrasee raised an undisclosed amount (Funding Round) on May 15, 2024.
  • Anduril raised $1.5B (Series E) on April 25, 2024.
  • AI Squared raised $14M (Series A) on April 17, 2024.
  • Integration raised $17M (Series C) on April 12, 2024.

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Company Information

Company

Greeneye Technology

Location

Tel Aviv, Tel Aviv District, Israel

About

Greeneye Technology was founded in 2017 in Tel Aviv, Israel, with the mission to develop alternative and sustainable solutions to current crop protection practices to meet the growing global demand for food production, while also increasing productivity and profitability for farmers. The company is pioneering the use of precision spraying technology by harnessing AI and deep machine learning to enable intelligent, real-time decisions in the field that are proven to cut chemical use by up to 90% and improve weed control efficacy compared to standard broadcast spraying. Its founders have worked together for 15 years since serving in the Israeli special forces and head up a multidisciplinary team with expertise in computer vision, AI, agronomy, mechanic engineering, and business. In October 2021, Greeneye announced the commercial launch of its technology, signalling a major milestone in unlocking mainstream adoption of precision spraying by overcoming previous barriers of efficacy, speed of delivery, and cost. In December 2021, it closed a $22m funding round led by international venture capital firm, JVP, and including investment from agriculture industry leaders, Syngenta and AGCO. For more information see: www.greeneye.ag SOURCE Greeneye Technology

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Greeneye Technology raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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