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New Deal


Announced

Completed

Insight Partners and Entrée Capital led a $37m Series B funding round in Blue White Robotics.

Financials

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Transaction Value£30m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private Equity

IT Services: Other

Venture Capital

Friendly

Private

agriculture

Cross Border

Minority

Israel

Completed

Synopsis

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Insight Partners and Entrée Capital, two venture capital firms, led a $37m Series B funding round in Blue White Robotics, a RaaS solution for agriculture, with participation from Clal Insurance, Jesselson Family Office, Peregrine VC and Regah Ventures. "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, Insight Partners Vice President.

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