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Home - Finance - EDF invests in Israeli robot agriculture startup – SPE
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EDF invests in Israeli robot agriculture startup – SPE

solarenergyBy solarenergyJuly 8, 2024No Comments2 Mins Read
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AgRE.tech, which is developing a robotic control system for existing photovoltaic infrastructure, has raised $2 million from EDF and Zemach Regional Industries. The company says it will soon set up commercial fields.

July 8, 2024 Lior Kahana

Image: agRE.tech, Noy Einav

Israeli startup agRE.tech, which is developing a robotic control system tailored to agricultural voltaic projects, said in a recent statement that it has completed a $2 million pre-seed fundraising round. The round was led by French energy giant EDF and Zemach Regional Industries, an agricultural company owned by 27 Israeli kibbutzim.

“Over the past year, agRE.tech has focused on developing an advanced robotic control system tailored to agricultural voltaics,” the company said. “This system, integrated into the existing photovoltaic infrastructure, uses artificial intelligence to autonomously perform complex agricultural tasks, such as selective spraying, pruning and harvesting. In addition, it supervises the control and maintenance activities of the solar fields.”

The company said its open solutions operating system has promoted collaboration with various companies on a range of technology solutions. It is currently in the advanced stages of setting up its first commercial fields in Israel and other countries, including Italy.

“We have identified climate and agriculture as growing areas where we can contribute to global efforts to tackle the climate crisis and food security,” said Elad Levy, CEO of agRE.tech. “The convergence of these sectors offers enormous potential for technological and business innovation.”

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See also  Financing secured for 237.6 MW commercial solar power plant in Bulgaria – SPE

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