Announced
Completed
Financials
Tags
Acquisition
Private Equity
IT Services: Other
Venture Capital
Friendly
Private
agriculture
Cross Border
Minority
Israel
Completed
Synopsis
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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