2022 SPECIALTY CROP AUTOMATION REPORT
START-UPS WITH THE HIGHEST MARKET TRACTION HAVE TYPICALLY ALSO RAISED THE MOST FUNDING
Funding Received to Date [$M]
Last Funding Round Completed Series C
Start-up 1
Invaio Science Farm Wise Naio Technologies Carbon Robotics Tevel Aerobotics Ecorobotix Verdant Robotics Inc.
139.0 2
65.0
53.0
Series B
36.0
32.0
28.4
46.5
Tortuga AgTech Advanced Farms Formant Sabatongo
37.0
34.0
24.0
Series A
22.0
Agro Intelligence Aps Dogtooth Technologies Bloomfield Robotics Ganaz Four Growers FRobotics Mycionics Inc Muddy Machines Ltd Nanovel LTD Odd Bot Automato Robots Intelliculture UPP AVL Motion Ripe Robotics Eco2Mix AgreenCulture Elevated Food Nexus Robotics Matri Inc Mythronics Axis 7 Agri Tracking System
17.0
15.0
11.8
10.4
7.3
6.5
6.0 5.5 5.0
2.0
1.4
Seed
1.4 1.0 1.0 0.8 0.4 0.2
Elevated Foods won $20m in prize money from the USDA
20.0
3.2
1.4
Pre-Venture Round
0.3
0.0 0.2
Source: Start-up survey, Crunchbase, Roland Berger
1) Following start-ups not included as they reported no funding or no data provided: BrimaPack, Reed Ag Solutions, Agautomate Private Limited, Cypress Agritech, Ag-Bee Llc, EgrobotsPeK Automotive, Egrobots; 2) Funding from Crunchbase
Figure 52: Start-up ranking by funding round and total funding raised [based on survey responses]
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