Farmer-backed agtech startup building sustainable farming robots. Small Robot Company has now transitioned from prototype to commercial service, using an autonomous robot and their AI software to deliver a weed map to paying customers, including Waitrose.
Imagine a world in which we could use swarms of lightweight, smart machines to replace tractors and make food production more accurate, sustainable and profitable.
Our mission is to work with farmers to create a farming system without compromise: we call this Per Plant Farming. Our three small robots, Tom, Dick and Harry and our AI brain Wilma will plant, monitor and treat arable crops autonomously.
Goldman Sachs estimates that the market for digital agricultural technology will be $240bn by 2050 (up from just over $5bn today).
Our valuation is due to see a significant uplift in the autumn when we will already hit all the milestones from our last raise. We are filing key patents and delivering on multiple technology and commercial goals.
Our ambition is to get at least £1million of pilot contracts in place by the middle of next year.
Covid-19 has seen an increased focus on food security. With a 40% rise in funding for farm robotics sector start-ups, this is a signal to accelerate. Led by VC 7percent Ventures, our government Future Fund raise will fuel this.
Due to high demand, this investment round will be exclusive to existing investors only, and may close early. Invest at minimum 20% discount before next raise.
Agriculture is a $5 trillion global industry on the cusp of transformative change and we are well-positioned to be at the centre of it.