What is Greeneye Technology?
Founded in 2017 in Tel Aviv, Israel, Greeneye Technology is at the forefront of developing sustainable solutions for modern agriculture. The company leverages AI and deep machine learning to power precision spraying technology, enabling intelligent, real-time field decisions. This innovative approach drastically reduces chemical usage by up to 90% and enhances weed control efficacy compared to traditional broadcast spraying methods. Greeneye's mission is to meet the escalating global demand for food production while simultaneously boosting farmer productivity and profitability. The multidisciplinary team comprises experts in computer vision, AI, agronomy, mechanical engineering, and business, with founders possessing a long-standing collaborative history.
How much funding has Greeneye Technology raised?
Greeneye Technology has raised a total of $49M across 3 funding rounds:
Angel/Seed
$7M
Unspecified
$22M
Other Financing Round
$20M
Angel/Seed (2020): $7M with participation from 2B Angels, Syngenta Ventures, Panache Ventures Techstars, Hyperplane Venture Capital, JVP Limited, and One Way Venture
Unspecified (2021): $22M led by One Way Ventures, JVP, AGCO, Hyperplane Venture Capital, Syngenta Group Ventures, and KDT
Other Financing Round (2024): $20M supported by JVP, Deep Insight, and Orbia Ventures
Key Investors in Greeneye Technology
JVP
Founded in 1993, JVP is an international venture capital firm that specializes in investments in startup companies, focusing on digital media, enterprise software, semiconductors, data storage, and cybersecurity. JVP is located in Israel.
Syngenta Group Ventures
Syngenta Group Ventures is the venture capital arm of Syngenta, a global agricultural science and technology company. They invest in innovative startups that align with Syngenta's mission to enhance food security and sustainability in agriculture.
Hyperplane Venture Capital
Hyperplane Venture Capital is a seed-stage firm based in Boston, Massachusetts, that partners with founders leveraging machine intelligence, sensor technology, and cloud computing for innovative solutions across various industries.
What's next for Greeneye Technology?
The substantial capital infusion, particularly the recent major strategic investment, positions Greeneye Technology for accelerated growth and market expansion. This backing is indicative of a scaling phase, enabling the company to further refine its precision spraying technology and broaden its commercial reach. The focus will likely be on scaling operations, enhancing product development, and solidifying its market leadership in sustainable agricultural solutions. Continued investment in R&D will be crucial to maintaining its competitive edge in the agritech sector.
See full Greeneye Technology company page
