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Israeli AgTech Startup BloomX Raises $13 Million for Robotic Pollination Systems
Summarized from Ynetnews by baba
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Israeli agtech startup BloomX has raised $13 million to expand its robotic pollination systems for crops like avocados and blueberries. The funding, led by Elah Fund, brings the company's total to $20 million. BloomX's AI-powered systems supplement natural pollinators, with reported yield increases of about 20%. The company plans to use the funds to expand operations in Peru, Mexico, South Africa, Israel, and enter the U.S. market.
The story in 5 lines · by baba
- Israeli startup BloomX raised $13 million for robotic pollination technology.
- The funding aims to reduce farmer dependence on unpredictable natural pollination.
- BloomX's systems have reportedly increased crop yields by an average of 20%.
- The technology supplements bees and can operate in adverse weather conditions.
- The company plans to expand into the U.S. market and other Latin American countries.
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