Farmer-backed agtech startup building sustainable farming robots. In the last 12 months, Small Robot Company has 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. Small Robot Company is building the technology to make this happen. 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).
Since our last raise, we have achieved our aim of moving from proof of concept to commercially-ready prototype. This raise will help us to begin manufacturing our robots with our partners, Tharsus.
Today, we are delivering an AI-generated field map which has the potential to show the exact location of every plant and all of the weeds on UK farms, and we believe we are the first to market with a product of this sort. This year we aim to demonstrate our ability to kill these weeds autonomously without using chemicals.
We have a growing waiting list, with 20 farmers putting down a £5,000 deposit and 70 signing expressions of interest for future services. In total, we have raised more than £300k from farmers, demonstrating the readiness of this industry to embrace change.
Agriculture is a $2.4 trillion global industry on the cusp of transformative change and we are well-positioned to be at the centre of it.