What is TEVEL?
Founded in 2016 and headquartered in Modi'in, Israel, TEVEL operates at the intersection of robotics and precision agriculture. The company has developed a sophisticated fleet of autonomous drones designed to perform labor-intensive orchard tasks, including fruit picking, thinning, and pruning. By replacing manual labor with high-precision robotic systems, TEVEL addresses the chronic shortage of seasonal agricultural workers while simultaneously optimizing harvest efficiency and crop yield. Their platform represents a paradigm shift in orchard management, moving away from traditional, human-dependent methods toward a scalable, data-driven, and fully automated operational model that enhances both sustainability and profitability for large-scale agricultural enterprises.
How much funding has TEVEL raised?
TEVEL has raised a total of $30M across 2 funding rounds:
Series A
$10M
Series B
$20M
Series A (2019): $10M, investors not publicly disclosed
Series B (2021): $20M led by AgFunder Inc, OurCrowd, Hubei Forbon Technology Co., Ltd., Kubota Corporation, Ziv Aviram, and Maverick Ventures
Key Investors in TEVEL
OurCrowd
OurCrowd is a prominent investment platform that provides accredited investors and institutions with access to early-stage startups and venture funds, with a strong focus on the Israeli innovation ecosystem.
Maverick Ventures
Maverick Ventures Israel is a venture capital firm that supports technology startups through capital investment and operational guidance, focusing on sectors like AI, healthcare, and cybersecurity.
AgFunder Inc
AgFunder is a venture capital firm specializing in the food and agriculture technology sector, providing strategic backing to companies that are transforming the global food system.
What's next for TEVEL?
Following this major strategic investment, TEVEL is poised to scale its operational footprint and refine its autonomous fleet capabilities. The company is expected to focus on expanding its market reach, particularly in regions facing severe agricultural labor constraints. By leveraging the recent capital infusion, TEVEL will likely prioritize the enhancement of its AI-driven vision systems and the integration of its drone technology into broader farm management ecosystems. As the company transitions from its current growth phase toward wider commercial deployment, the focus will remain on achieving operational excellence and proving the long-term economic viability of robotic harvesting at scale. This trajectory suggests a move toward becoming the industry standard for automated orchard maintenance, potentially attracting further institutional interest as the global demand for agricultural efficiency continues to rise.
See full TEVEL company page
