Bonsai Robotics Secures $15 Million Series A

<p><strong>SAN JOSE<&sol;strong> &&num;8212&semi; Bonsai Robotics&comma; a developer of physical AI solutions for agriculture applications&comma; has raised &dollar;15 million in Series A funding&period; Bison Ventures led the oversubscribed round with participation from new investor&comma; Cibus Capital&comma; and existing investors Acre Venture Partners&comma; Congruent Ventures&comma; Fall Line Capital&comma; E14 Fund&comma; SNR and Serra Ventures&period; The new funding will enable Bonsai to continue enhancing its software capabilities&comma; expanding its physical AI platform and data set&comma; driving additional OEM partnerships&comma; and accelerating commercialization efforts&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We have made significant progress building our AI model and data set for autonomous orchard management since our seed round of funding a year ago&comma; so this additional funding is strong validation of the incredible work our team has accomplished and our future growth prospects&comma;” said Tyler Niday&comma; Co-Founder and Chief Executive Officer of Bonsai Robotics&period; &OpenCurlyDoubleQuote;Additionally&comma; this capital will allow us to continue to expand our partnerships with manufacturers and growers by delivering innovative physical AI technology solutions that address the most pressing challenges in agriculture today&period;”<&sol;p>&NewLine;<p>With its flagship product&comma; Visionsteer&comma; Bonsai provides technology designed to meet grower needs&comma; offering data insights&comma; crop analysis&comma; notifications&comma; job planning&comma; and autonomous vehicle control&period; The Company is currently partnered with multiple equipment manufacturers and has deployed over 40 units with its integrated autonomous solution for tree nut orchard applications both in the U&period;S&period; and Australia&period; Furthermore&comma; the Company has collected data from operations on over 500&comma;000 acres&comma; enabling it to provide leading physical AI technology that is helping a variety of orchard growers reduce operating and capital equipment costs&comma; increase yields&comma; and gain unparalleled insights not available before&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Bonsai represents exactly what we look for at Bison — founders who combine deep technical expertise with industry knowledge to solve critical challenges&comma;” said Tom Biegala&comma; Founding Partner at Bison&period; &OpenCurlyDoubleQuote;Their vision-based approach to agricultural automation has the potential to transform how specialty crops are grown&comma; addressing the urgent labor and efficiency challenges facing growers while building toward a more sustainable future for agriculture&period;”<&sol;p>&NewLine;

Editor

Chai Discovery Raises $130 Million

SAN FRANCISCO -- Chai Discovery, the AI company that predicts and reprograms the interactions between…

7 days

Nirvana Lands $100 Million Series D

SAN FRANCISCO -- Nirvana Insurance, an AI-native commercial insurer, has secured a preemptive $100 million…

2 weeks

Kargo Scores $42 Million Series B

SAN FRANCISCO -- Kargo, a provider of industrial artificial intelligence (AI) technology for supply chain…

2 weeks

Instacart to Pay $60 Million to Settle FTC Lawsuit

The Federal Trade Commission announced that grocery delivery provider Instacart will pay $60 million in…

2 weeks

ServiceNow to Buy Armis for $7.75 Billion

SANTA CLARA -- ServiceNow has agreed to buy Armis for $7.75 billion in cash. Armis…

2 weeks

Six Companies Added to Nasdaq 100

The Nasdaq stock market has reformulated the list of 100 companies in the Nasdaq-100 Index…

3 weeks