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Announced

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Insight Partners led a $80m Series C funding round in Beewise.

Financials

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Transaction Value£64m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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autonomous platforms

Friendly

Cross Border

Acquisition

Completed

robotics

Private

Israel

Minority

Private Equity

Auto Technology

Venture Capital

Synopsis

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Insight Partners, a venture capital and private equity firm, led a $80m Series C funding round in Beewise, a developer of autonomous beehives, with participation from Fortissimo Capital, Corner Ventures, lool ventures, Atooro Fund, Meitav Dash Investments and Sanad Abu Dhabi. "We are the only company on the planet that is deploying precision robotics in tandem with the world's most innovative technologies including AI and computer vision in order to save the bees. Our Beewise team is thrilled to be supported by an incredible roster of investors for our Series C who understand our dedication, tenacity, and passion towards succeeding in saving the bees and reversing the trend of the bee colony collapse. With thousands of orders placed in the US in just the last few months, and with this funding, Beewise will be able to meet incredible market demand through increased manufacturing, develop additional product iterations, and further improve pollination," Saar Safra, Beewise CEO.

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