Tel Aviv-based, Bluewhite is an agriculture robot that helps farmers to increase crop growth, raised $39 million led by Insight Partners in a Series C round.
New investors LIP Ventures and Alumni Ventures actively backed the round with participation by ex-investors Peregrine Ventures, Jesselson, and Entrée Capital.
Bluewhite $39M Series By Insight
Co-founders Bluewhite, Ben Alfi, Aviram Shmueli, and Yair Shahar said they are happy with the milestone Bluewhite achieved. The funds raised will be used for the upgradation of farming solutions, and expansion in other agricultural markets.
Bluewhite is formally known as Blue White Robotics. Bluewhite helps farmers drive organic growth through its autonomous innovation. Bluewhite Robot tractors can multitask in one go from crop seeding to harvesting. Bluewhite also provides Compass, a SaaS product that collects field data and with the help of AI, it delivers reports to maximize efficiency and profits.
Moreover, Bluewhite autonomous solutions are already used on 150,000 acres of crops with more than 50,000 hours of activity. Bluewhite offices are situated in Fresno, California.
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