Serra companies Bonsai, Swarm Engineering, and Provision each honored with an AgTech Breakthrough Award

The AgTech Breakthrough Awards are held each year to recognize the best agricultural and food technology companies, products and services around the globe. This year, Serra is pleased to announce that three Serra Ag Tech Fund companies were awarded each in different categories.

Bonsai Robotics, a precision robotics company, was awarded the Precision Agriculture Solution of the Year in the In-Field Systems category.

Provision Analytics, the company that has created a platform for food safety and quality data, was awarded the AgTech Data Analytics Solution of the Year in the Analytics category.

Lastly, Swarm Engineering, the company that is helping optimize the food chain, was awarded the AI-based AgTech Solution of the Year in the Internet of Things and AI category.

Congratulations to the winners!

Bonsai Robotics Announces $10.5M Round

Bonsai Robotics, the company that is providing vision-based automation solutions to combat growers’ biggest challenge that is the labor crisis, announced in early October a $10.5 million seed round, led by Acre Venture Partners, with participation from Serra Ventures.

CEO Tyler Niday tells TechCrunch, “Robotics companies require more capital earlier in their lifecycle to come to market as we have product and a sales model that is more complex than the average SaaS company — we’ve observed many robotics companies fail from lack of capital early in their lifecycle and we’re determined to be here for the long run.”

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