General
Innovative agricultural robots land $4.5 million in funding for start-up SwarmFarm
A Queensland couple’s decade-long push to lead the world in the production of agricultural robots has received a multi-million-dollar funding boost.
Key points:
- A Queensland start-up making agricultural robots has received a funding boost, enabling it to compete with global machinery giants
- Its ag-bots are already working in orchards, on cotton and grain properties and at a turf farm
- A cotton grower using the technology for spraying says it is more efficient and eco-friendly
Andrew and Jocie Bate’s ambitious start-up SwarmFarm has partnered with ag-tech venture capital firm Tenacious Ventures to raise $4.5 million.
“We’ve bootstrapped to date, which means we’ve done it ourselves without raising funds to get to where we are,” Mr Bate said.
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