Beewise, an Israeli maker of robotic beehives aimed at saving bees from climate changes, said on Wednesday it raised $80 million in a private funding round led by private equity firm Insight Partners.
The round brings total funds to date to $120 million, it said, adding the new financing will go towards meeting rising demand for its robotic beehives.
Beewise said its agricultural technology has saved more than 160 million bees in the past year. Climate controlled and using automated harvesting, the robotic beehives - sheds that are populated by bees and used by farmers - are powered by solar panels.The artificial technologies can detect threats, such as pests and pesticides, to a honeybee colony.
It noted that pollination is crucial to life on the planet since 30% of the global food supply and more than 70% of vegetables, fruit, seeds and nuts are pollinated by bees. Fortissimo Capital, Corner Ventures, lool ventures, Atooro Fund, brokerage Meitav Dash Investments Ltd and Sanad Abu Dhabi also participated in the funding round.Reporting by Steven Scheer Editing by Jeffrey HellerSign up to our tech newsletter to get the latest news and trends in the global technology industry.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
This best-selling weighted blanket was $80, but today it's only $40The best weighted blanket on Amazon is on sale today at the lowest price of the year. Get one for $39.80 instead of paying $80!
Baca lebih lajut »
Sequoia Leads $80 Million Funding Round for Swiss Expense Management Start-Up YokoyYokoy, a Swiss start-up helping companies manage their expenses, has raised $80 million in a financing round led by Sequoia Capital.
Baca lebih lajut »
Sequoia Leads $80 Million Funding Round for Swiss Expense Management Start-Up YokoyYokoy, a Swiss start-up helping companies manage their expenses, has raised $80 million in a financing round led by Sequoia Capital.
Baca lebih lajut »
Alibaba leads $60 million funding into augmented reality glasses maker Nreal in metaverse playChinese technology giants are trying to get in on the metaverse act. A collaboration with Nreal could help Alibaba expand its augmented reality capabilities.
Baca lebih lajut »
This best-selling weighted blanket was $80, but today it's only $40The best weighted blanket on Amazon is on sale today at the lowest price of the year. Get one for $39.80 instead of paying $80!
Baca lebih lajut »
Direct Air Capture Startup Heirloom Raises $53M In Series A FundingHeirloom Carbon Technologies, a direct air capture (DAC) company, has just announced that it has successfully raised $53 million in equity financing.
Baca lebih lajut »