Greeneye Technologies Raises $20M to Develop Sustainable Crop Protection Solutions
Greeneye Technologies Raises $20M in Funding
Greeneye Technologies Raises $20M in Funding
Key Highlights:
- Funding Round: Greeneye Technologies, an AI-enabled precision spraying technology company, raised $20 million in funding.
- Investors: Deep Insight led the round, with participation from Syngenta Group Ventures, JVP, Orbia Ventures, Eyal Waldman, Iron Nation, and Amol Deshpande.
- Company Focus: Developing alternative and sustainable solutions for crop protection, utilizing precision spraying technology and AI to reduce chemical use and improve weed control efficacy.
Greeneye Technologies' Target Market
- Target Market: Agricultural industry, specifically farmers and crop producers.
- Farmers Seeking Sustainable Solutions: Farmers looking for alternative crop protection practices that reduce chemical use and improve productivity.
- AgTech Companies: Potential partnerships with agricultural technology companies for collaboration and integration of precision spraying technology.
What Greeneye Technologies Needs to Buy
- Research and Development: Investment in R&D to further advance precision spraying technology and analytical capabilities.
- Expansion in the U.S.: Scaling operations in the U.S. market to reach more farmers and expand market presence.
- Partnerships and Collaborations: Collaborating with agricultural companies and organizations to extend the usage of precision spraying technology to new inputs and crops.