- Blue White Robotics — a platform that provides Robots-as-a-Service (RaaS) that enables farms to run themselves autonomously — announced $37 million in Series B funding. These are the details.
Blue White Robotics — a platform that provides Robots-as-a-Service (RaaS) that enables farms to run themselves autonomously — announced $37 million in Series B funding led by Insight Partners. And Entrée Capital co-led this Series B after having seeded Blue White Robotics and participated in its Series A round. They were joined by Clal Insurance, Jesselson Family Office, Peregrine VC, and Regah Ventures – who also made significant contributions in this round. With the trust of market-leading clients and partners, they will use this new funding to increase the rapid adoption of these technologies, drive new US sales, and attract key talent for their all-star international team.
Blue White Robotics is creating a cohesive experience across farming operations year-round from sprays and harvesting to disking and seeding. And by retrofitting existing infrastructure with intelligent autonomous algorithms, the robot tractors improve farm productivity, precision, and worker safety. Plus the Blue White Robotics platform collects and distributes data that creates new services to increase yields and reduce inputs for the growing autonomous operation.
KEY QUOTES:
“With this new round of investment by some truly world-changing leaders, we have the power to continue our vision for a safer, smarter, and productive autonomous farm for the 21st-century. Our amazing team is excited by this renewed commitment to solve the many issues facing our modern farmer and the food system as a whole.”
— Ben Alfi, co-founder and CEO of Blue White Robotics
“Farming is an industry that has seen little progress since the advent of the tractor, and it’s time for farmers to enjoy the same advancements in technology as others. Blue White Robotics’ value proposition is unparalleled in agriculture technology, and they truly stand by the need for ‘Autonomy, Now.’ The company’s ease of adoption will allow the product to quickly scale within the industry and enter new markets. We’re excited to partner with Blue White Robotics as they grow.”
— Daniel Aronovitz, Vice President at Insight Partners
“At Entrée we have a tagline, ‘Partnering with the exceptional to build the impossible.’ The exceptional competence of the Blue White Robotics team with their Robot as a Service (RaaS) has made the disruption of the agricultural industry now possible. We’ve backed Blue White Robotics from the start and are proud to continue backing them now.”
— Avi Eyal, Managing Partner of Entrée Capital
