Building the next generation of smart agriculture equipment - optimizing every plant
bluerivert.com
We use computer vision to identify weeds in organic crop fields and then selectively eliminate them using very hot organic oil. Our product mounts behind a tractor.
We are an alternative to chemical fertilizers which organic farmers can't use. Our first target is organic vegetables growers who currently spend upto $1000 per acre to weed their fields by hand.
Longer term will move to weeding of corn in glyphosate resistant areas. $25B/yr are spent in herbicides.
Update: 5/13. We've started recurring revenue in lettuce thinning - an application that is very well suited to our technology. Our first customer is the largest lettuce grower in the world. Out team has now 15 people including 4 PhDs, an agronomist, and experienced business people in the Ag-tech area.
bluerivert.com
We use computer vision to identify weeds in organic crop fields and then selectively eliminate them using very hot organic oil. Our product mounts behind a tractor.
We are an alternative to chemical fertilizers which organic farmers can't use. Our first target is organic vegetables growers who currently spend upto $1000 per acre to weed their fields by hand.
Longer term will move to weeding of corn in glyphosate resistant areas. $25B/yr are spent in herbicides.
Update: 5/13. We've started recurring revenue in lettuce thinning - an application that is very well suited to our technology. Our first customer is the largest lettuce grower in the world. Out team has now 15 people including 4 PhDs, an agronomist, and experienced business people in the Ag-tech area.
Employees: 51-200
Total raised: $30.1M
Founded date: 2011
Investors 3
Funding Rounds 3
| Date | Series | Amount | Investors |
| 16.12.2015 | Series B | $17M | - |
| 19.03.2014 | Series A | $10M | - |
| 10.09.2012 | Series A | $3.1M | - |
Mentions in press and media 27
| Date | Title | Description |
| 07.09.2017 | Term Sheet — Thursday, September 7 | SPORTS TALK Good morning, Term Sheet readers. Paid Content What you need to know about growing cyberattacks From ExtraHop The company also announced a strategic investment and partnership with the NFL Players Association through the OneTeam... |
| 13.07.2017 | More than Robotics is Needed to Solve Farm Labor Shortage | Even before President Trump got the opportunity to enact the aggressive immigration crackdown he promised in his campaign, farmers were talking about leaving crops in the fields to rot due to a lack of labor. It came up at a congressional h... |
| 11.06.2017 | 50 компаний в области искусственного интеллекта, за которыми стоит следить Статьи редакции | Подборка от сайта KD Nuggets. 12 12 комментариев 42 981 просмотров Продажи и CRM InsideSales.com — платформа для роста продаж, использующая предиктивные самообучающиеся алгоритмы. Компания привлекла более $251 млн инвестиций. Persado — сис... |
| 19.01.2017 | AgFunder Innovation Awards 2016 Winners Announced | Today we are excited to release the winners of the inaugural AgFunder Innovation Awards. Startup activity in food and agriculture technology is growing dramatically; at AgFunder we’ve come across over 5k companies since 2014. At the same ti... |
| 07.12.2016 | Harvesting next-gen technologies for the farm | Michael Dix Contributor Michael Dix is managing partner and co-founder of Intentional Futures. Previously, he spent eight years at Microsoft leading product management and marketing strategy teams. He also worked in Beijing, for News Corpor... |
| 05.10.2016 | Connecting the Dots: Trends in Crop Protection and Animal Health | Editor’s Note: Kevin Zussman is an agtech investor with Cultivian Sandbox, a venture capital firm that invests in food & agriculture technology startups. Cultivian Sandbox is a joint venture between Cultivian Ventures and Sandbox Ventur... |
| 05.10.2016 | How Does Agtech Fit an Impact Investing Thesis? | Editor’s Note: I recently attended SOCAP, the largest conference for the impact investing community, and was excited to note a growing enthusiasm on the potential for food and agriculture technology to promote positive change in the world. ... |
| 08.08.2016 | Driving new revenue sources through a digital ag revolution | Arama Kukutai Contributor Arama Kukutai is a co-founder and partner of Finistere Ventures. More posts by this contributor Major trends in agtech for 2018 Ever since the acquisition of the first “Ag Unicorn” (Climate Corp. by Monsanto), a fl... |
| 14.07.2016 | More Technological Innovation Needed to Meet Labor Challenges in Californian Agriculture | Labor is the biggest challenge facing farmers on the West Coast of the US and they are looking for technologies to address this issue, speakers at today’s Forbes AgTech Summit told the audience. “Labor will be the deciding factor for us and... |
| 23.06.2016 | How Design Thinking and Lean Startup Approaches Are Fostering Agtech Innovation | Editor’s Note: Rob Trice is a veteran venture capital investor currently leveraging his background in telecom, mobile and internet investing to fund food and agriculture IT startups. He does so through his venture firm Better Food Ventures,... |
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