Bonsai Robotics Inc. Raises $15 Million in Series A Funding
Leading Developer of Physical AI Solutions for Agriculture Applications
Bonsai Robotics Inc. (“Bonsai”), a leading developer of physical AI solutions for agriculture applications, today announced it has raised $15 million in Series A funding. Bison Ventures led the oversubscribed round with participation from new investor, Cibus Capital, and existing investors Acre Venture Partners, Congruent Ventures, Fall Line Capital, E14 Fund, SNR and Serra Ventures.
New Funding to Enhance Software Capabilities and Expand Physical AI Platform
The new funding will enable Bonsai to continue enhancing its software capabilities, expanding its physical AI platform and data set, driving additional OEM partnerships, and accelerating commercialization efforts.
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Quote from Tyler Niday, Co-Founder and Chief Executive Officer of Bonsai Robotics
“Additionally, this capital will allow us to continue to expand our partnerships with manufacturers and growers by delivering innovative physical AI technology solutions that address the most pressing challenges in agriculture today.”
Progress and Future Growth Prospects
“We have made significant progress building our AI model and data set for autonomous orchard management since our seed round of funding a year ago, so this additional funding is strong validation of the incredible work our team has accomplished and our future growth prospects,” said Tyler Niday, Co-Founder and Chief Executive Officer of Bonsai Robotics. “Additionally, this capital will allow us to continue to expand our partnerships with manufacturers and growers by delivering innovative physical AI technology solutions that address the most pressing challenges in agriculture today.”
Flagship Product: Visionsteer
With its flagship product, Visionsteer, Bonsai provides technology designed to meet grower needs, offering data insights, crop analysis, notifications, job planning, and autonomous vehicle control. The Company is currently partnered with multiple equipment manufacturers and has deployed over 40 units with its integrated autonomous solution for tree nut orchard applications both in the U.S. and Australia.
Data Collection and Insights
Furthermore, the Company has collected data from operations on over 500,000 acres, enabling it to provide leading physical AI technology that is helping a variety of orchard growers reduce operating and capital equipment costs, increase yields, and gain unparalleled insights not available before.
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Quote from Tom Biegala, Founding Partner at Bison Ventures
“Bonsai represents exactly what we look for at Bison — founders who combine deep technical expertise with industry knowledge to solve critical challenges,” said Tom Biegala, Founding Partner at Bison. “Their vision-based approach to agricultural automation has the potential to transform how specialty crops are grown, addressing the urgent labor and efficiency challenges facing growers while building toward a more sustainable future for agriculture.”
Addressing Industry Challenges
Bonsai is at the forefront of re-thinking basic autonomy from a first principle perspective for agriculture applications and is addressing some of the industry’s most urgent challenges including climate change, food security, labor shortages and rising grower costs.
Conclusion
Bonsai Robotics Inc. has made significant progress in developing physical AI solutions for agriculture applications and has secured $15 million in Series A funding to further enhance its software capabilities and expand its physical AI platform. The company is poised to continue delivering innovative technology solutions that address the most pressing challenges in agriculture today.
FAQs
Q: What is Bonsai Robotics Inc.?
A: Bonsai Robotics Inc. is a leading developer of physical AI solutions for agriculture applications.
Q: How much funding has Bonsai Robotics Inc. raised?
A: Bonsai Robotics Inc. has raised $15 million in Series A funding.
Q: Who led the funding round?
A: Bison Ventures led the funding round with participation from new investor, Cibus Capital, and existing investors Acre Venture Partners, Congruent Ventures, Fall Line Capital, E14 Fund, SNR and Serra Ventures.
Q: What is the flagship product of Bonsai Robotics Inc.?
A: The flagship product of Bonsai Robotics Inc. is Visionsteer, which provides technology designed to meet grower needs, offering data insights, crop analysis, notifications, job planning, and autonomous vehicle control.
Q: What are the benefits of Bonsai Robotics Inc.’s technology?
A: Bonsai Robotics Inc.’s technology helps orchard growers reduce operating and capital equipment costs, increase yields, and gain unparalleled insights not available before.
