green eye technologiesAn AI-powered precision spray technology company based in Tel Aviv, Israel has raised $20 million in funding.
The round was led by Deep Insight, with participation from Syngenta Group Ventures, JVP, Orbia Ventures, Eyal Waldman, Iron Nation, and Amol Deshpande.
The company plans to use the funding to expand its U.S. operations, improve its technology's analytical capabilities and expand its use in new inputs and crops.
Founded in 2017 and led by CEO Nadav Bocher, Greeneye Technology develops sustainable solutions to replace current crop protection practices to meet global demand for food production while increasing farmer productivity and profitability. is improving. By leveraging AI and deep machine learning, the company is pioneering the use of precision spraying technology that enables intelligent, real-time decision-making in the field, reducing chemical spraying costs compared to standard broadcast spraying. It has been proven to reduce the amount used and improve weed control effectiveness.
Commenting on the news, Nadav Bottcher said:We are pleased to welcome new investors. We would also like to thank our existing partners for their continued support. Together, we continue to push the boundaries of technology to solve critical challenges for farmers, overcome environmental challenges and protect farmland for generations to come.”
financial small business
2024/04/18
