Pioneering Greeneye Technologies Secures $20 Million in Funding for AI-Powered Precision Spraying Technology

Greeneye Technologies, a pioneering company based in Tel Aviv, Israel that focuses on AI-enabled precision spraying technology, has recently secured $20 million in funding. The funding round was led by Deep Insight and included participation from Syngenta Group Ventures, JVP, Orbia Ventures, Eyal Waldman, Iron Nation, and Amol Deshpande.

With this newfound financial support, Greeneye Technologies plans to expand its operations in the United States and enhance its technology’s analytical capabilities. Additionally, the company aims to introduce the technology to new inputs and crops. Since its establishment in 2017 by CEO Nadav Bocher, the company has been committed to developing sustainable alternatives to traditional crop protection practices in order to meet the growing global demand for food production while improving profitability for farmers.

Greeneye Technologies is at the forefront of precision spraying technology with a cutting-edge approach that uses AI and deep machine learning to make intelligent decisions in real-time. This method has proven to be highly effective in reducing chemical usage and enhancing weed control efficacy when compared to conventional broadcast spraying techniques. Bocher expressed his enthusiasm about the new investors and gratitude towards existing partners, stating that their collective efforts will continue driving technological advancements to tackle challenges faced by farmers and preserve farmland for future generations.

Overall, Greeneye Technologies’ innovative approach to precision spraying technology holds significant potential to revolutionize crop protection practices and promote sustainable agriculture for years ahead.