{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAoKmeg7gLDA","lastupdate":"2023-09-05T00:00:00.000Z","update_date":"2023-09-05T00:00:00.000Z","lastModified":"Jun 3, 2024","active":1,"confidence_score":100,"confidence_score_reason":"markets","urlname":"green-eye","minimal_profile":null,"status":"","fullstatus":"","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$6EIpwYKbDZpEyhVCfS2QqDN2J6d9iyEnKl5KEUKJnsFPNQhNIfeMTb","name":"Greeneye Technology","oneliner":"AI-based Pest Control Solution for Agriculture","registrar":"515183234","website":"https://greeneye.ag/","careerspage":"https://greeneye.ag/career","founded_month":3,"founded_year":2017,"formernames":[],"sociallinks":{"twitter":"https://twitter.com/GreeneyeAg","youtube":"","facebook":"https://www.facebook.com/Greeneye-Technology-110745290618037","linkedin":"https://www.linkedin.com/company/49108503","instagram":""},"social":["https://twitter.com/GreeneyeAg","https://www.facebook.com/Greeneye-Technology-110745290618037","https://www.linkedin.com/company/49108503"],"flattenedsociallinks":"https://twitter.com/GreeneyeAg|https://www.facebook.com/Greeneye-Technology-110745290618037|https://www.linkedin.com/company/49108503","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"11-50","employees_exact":44,"patent":1,"raised":50028889,"stage":"A","public_stage":"A","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4Jvz2KAJDA","primary_sector":"Agriculture & Food Technologies","alternativenames":["Green eye Technology","Centure","Centure Applications","Green Eye","Green- Eye Technology","Greeneye","Green-Eye"],"about":"Greeneye Technology provides a sustainable crop-protection solution with the aim of meeting the globally growing demand for food while increasing profitability and productivity for farmers. Greeneye utilizes artificial intelligence and deep-learning technology to transition from the practice of broadcast and wasteful spraying of pesticides to precise spraying in real time.\r\nThe company's proprietary Selective Spraying System turns every sprayer into a smart machine, enabling farmers to spray only weeds and save on chemical costs. In addition, the Greeneye solution captures and analyzes sub-millimeter images from the field, providing farmers with deep insights into their crops.","climatetech_description":null,"is_climatetech_relevant":null,"phone":"+972732900915","country":null,"address":{"israeli":[{"id":"fee2415e-e217-4fe5-868c-7984d4899b60","city":"Tel Aviv-Yafo","type":null,"address":"Shoken Street 13, Tel Aviv-Yafo, Israel","placeid":null,"notactive":0,"openeddate":null,"registrarid":null,"firstrdcenter":0,"registrarname":null}],"officesabroad":null},"headquarter_address":null,"district":"Center District","news":[{"id":"C85PPzPLwgVbsdYTMI8lwxzG3dgRD9dzcWclREKzQRAxG6fW394uos","date":"Jun 3, 2024","link":"https://www.calcalistech.com/ctechnews/article/ce8n6elve","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"Agtech, Startups, Innovation","company":"Bluewhite, Greeneye, Gigablue","layoffs":"Not mentioned","summary":"Bluewhite, Greeneye, and Gigablue are among the top-ranked agtech companies in Israel. Bluewhite has developed an autonomous robotic solution for diverse agricultural tasks, and recently raised $39 million in funding. Greeneye has developed a system that combines hardware and software to reduce herbicide use in farming by 88%. Gigablue focuses on large-scale carbon capture and removal, collaborating with merchant fleets, governments, and major corporations.","partners":"Not mentioned","customers":"20 significant customers for Bluewhite","investors":["Insight Partners","Entrée Capital","Clal Insurance","Allied Investments","Regah Ventures","Peregrine Ventures","Jesselson","Deep Insight","JVP","Syngenta Group Ventures","Orbia Ventures","FBN","Eyal Waldman","fresh.fund","At One Ventures","E44 Ventures","Global Innovation Technology Ventures"],"confidence":9,"key_topics":["Agtech","Startups","Funding","Innovation","Growth"],"date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"Bluewhite: $89 million, Greeneye: $45 million, Gigablue: Unknown","structured_issues":["Customers","Investment","Expand"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Customers  #Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"lVB4RMhGltMhV3pA118Eh0HuyXX2YJ1CMK3MFGnfBirH5X1oef6aBw","news_summary":"Most promising Israeli startups: 3 agtech companies to watch in 2024 | CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"Un8N2ChcI9ZQMJwdi5MqQieBDcya1xMQQHBhh94EVHutxE4b6N0vOR","date":"Apr 17, 2024","link":"https://www.calcalistech.com/ctechnews/article/hjgbyepea","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"Investment, Expansion","company":"Greeneye Technology","layoffs":"Not mentioned","summary":"Greeneye Technology, a company that develops AI-enabled precision spraying technology, has raised $20 million in a funding round led by Israeli investment company Deep Insight. The funds will be used to scale Greeneyes operations in the U.S. and to advance the technologys analytical capabilities. The companys solution, which uses AI and cutting-edge hardware to identify weeds among crops and spray chemicals only where needed, has been proven to reduce herbicide use in farming by 88%.","partners":"Not mentioned","customers":"Not mentioned","investors":["Deep Insight","Syngenta Group Ventures","JVP","Orbia Ventures","Eyal Waldman","Iron Nation","Amol Deshpande"],"confidence":9,"key_topics":["AI","Precision Spraying","Funding","Expansion","Agriculture"],"date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"$20 million","structured_issues":["Investment","Expand"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"E1bdyzj8YMqjE2kWtNpmSo4EmoqSFyKAGL1ze9e2lDYJy7kT2zt7r2","news_summary":"AI precision spraying startup Greeneye Technology raises $20 million | CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"feI6IGKCnF9lcrWdPjm3DUPfdDzdTCpdPsiEUTv5saK0T8dMRPaxvB","date":"Jan 25, 2023","link":"https://www.globenewswire.com/news-release/2023/01/25/2595298/0/en/Greeneye-Technology-Precision-Spraying-System-and-FBN-Announce-Strategic-Collaboration-FBN-to-Invest-in-Greeneye-and-Partner-as-a-Sales-Channel-to-Fuel-US-Growth.html","source":"www.globenewswire.com","visible":1,"analysis":{"tags":"precision spraying","company":"Farmers Business Network (FBN)","layoffs":null,"summary":"Farmers Business Network (FBN) has entered into a long-term strategic collaboration agreement with Greeneye Technology to help farmers reduce weed control costs and drive profitability. FBN will offer customized crop protection and nutrition plans, developed specifically for use with Greeneyes precision spraying systems, along with financing options. FBN has also made a significant investment in Greeneyes current funding round to fuel the companys growth and expansion. The partnership aims to combine precision spraying with intelligent input crop protection and commerce. The collaboration opens up a new sales channel for Greeneye and is expected to accelerate its leadership in the U.S. precision spraying market. The Greeneye system utilizes AI technology to reduce chemical use and increase productivity for farmers.","partners":"Greeneye Technology","customers":null,"investors":"FBN","confidence":8,"key_topics":["Greeneye Systems","Precision Spraying Packs","Crop protection","Cost reduction","ROI potential"],"date_of_event":"2024","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners","Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Partners  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"3PYwo1fbViChgOGMaIIsEHdeTgrocZRuphZ3ygaNUD6IRZOg9IGTe5","news_summary":"Greeneye Technology Precision Spraying System and FBN® Announce Strategic Collaboration: FBN to Invest in Greeneye and Partner as a Sales Channel to Fuel US Growth","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"GwYgcGSstiG1vi6t1NfCSWTHmP2gePsmwhyx0T4X2cKcRxSaGMLI5K","date":"Jan 10, 2023","link":"https://www.prnewswire.com/news-releases/nuway-kh-cooperative-invests-in-greeneye-technology-system-to-unlock-benefits-of-precision-spraying-for-members-and-enable-greater-collaboration-with-sustainability-partners-301718205.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"precision spraying, agtech, sustainability","company":"NuWay-K&H Cooperative","layoffs":null,"summary":"NuWay-K&H Cooperative has purchased the Greeneye Technology precision spraying system to offer selective spraying-as-a-service to its farmer members in Southern Minnesota and Northern Iowa. The system utilizes AI to differentiate between crops and weeds in real time and spray herbicide only where needed. This will help reduce herbicide use, improve weed management programs, increase crop yields, and support sustainability initiatives. The cooperative aims to meet the needs of major food brands looking to partner with sustainable producers. The Greeneye system offers advantages such as high spraying resolution, seamless integration with existing sprayers, green-on-green capabilities, and the ability to collect high-resolution field data. The cooperative believes that the system will enable farmers to pivot to more sustainable production while controlling weeds and costs. Greeneye Technology received a $22 million funding round led by JVP and received investment from Syngenta and AGCO.","partners":null,"customers":null,"investors":["JVP","KDT","Syngenta","AGCO"],"confidence":9,"key_topics":["precision spraying","sustainable practices","cost savings","yield enhancement","weed control"],"date_of_event":"2022","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$22 million","structured_issues":["Partners","Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Partners  #Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"AfN31amNudl2qQmtGbLzP4QkMqXKwJqaLJLtJww5A7eMuf0cyP6OHt","news_summary":"NuWay-K&H Cooperative Invests in Greeneye Technology System to Unlock Benefits of Precision Spraying for Members and Enable Greater Collaboration with Sustainability Partners","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"s2Ge0Ip6t4OwGAcboh9EaZYcnVdpbKaiAWZcZ8Zft2Nqymwa8m7HDG","date":"Aug 17, 2022","link":"https://www.prnewswire.com/news-releases/greeneye-precision-spraying-system-reduces-non-residual-herbicide-use-by-87-while-delivering-same-efficacy-as-broadcast-spraying-unl-trial-finds-301607676.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":["precision spraying","AI","herbicide","cost savings","efficacy"],"company":"Greeneye Technology","layoffs":null,"summary":"Greeneye Technology announces the results of a field trial that demonstrates the effectiveness of its AI precision spraying system in reducing herbicide use and costs for farmers. The trial conducted by the University of Nebraska-Lincolns Agricultural Research Division showed an 87% reduction in herbicide use in post-emergence applications, resulting in a cost saving of over 60%. The Greeneye system achieved similar levels of efficacy compared to broadcast spraying. The company plans to increase availability of its precision spraying system in more states in 2023 and launch its technology in South America in partnership with Bom Futuro and Natter. Greeneye Technology closed a $22 million funding round led by JVP, KDT, and received investment from Syngenta and AGCO. The commercial launch of its technology in North America marks a milestone in mainstream adoption of precision spraying.","partners":["Bom Futuro","Natter"],"customers":null,"investors":["JVP","KDT","Syngenta","AGCO"],"confidence":9,"key_topics":["precision spraying","cost savings","efficacy","commercial launch","partnership"],"date_of_event":"April 2022","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$22 million","structured_issues":["Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"8mpr3BGJI57EdstUv7NY6yHiWkcjslxwmYqW71Zs9q5aSJxSthaCR2","news_summary":"Greeneye Precision Spraying System Reduces Non-Residual Herbicide Use by 87% While Delivering Same Efficacy As Broadcast Spraying, UNL Trial Finds","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"5964a341-50c1-4d4d-bd8a-63f254d66db3","date":"Dec 16, 2021","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3925180,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"AI, agriculture","company":"Greeneye Technology","layoffs":null,"summary":"Greeneye Technology, an Israeli startup that utilizes AI and deep learning technology for precision spraying in agriculture, has completed a $22 million funding round. The funding round was led by JVP and included participation from Syngenta Group Ventures, Hyperplane Venture Capital, One Way Ventures, AGCO, and KDT. Greeneye plans to use the investment to support its commercial launch in the U.S. in 2022, expand across North America in 2023, double the size of its R&D team in Israel, and grow its sales and operations team in the U.S. The company aims to reduce herbicide and chemical usage in agriculture by up to 90% through its AI-based selective spraying system. Greeneye has already secured dozens of contracts with farmers in the Midwest.","partners":"Syngenta Group Ventures, AGCO","customers":null,"investors":"JVP, Syngenta Group Ventures, Hyperplane Venture Capital, One Way Ventures, AGCO, KDT","confidence":9,"key_topics":["AI","precision spraying","agriculture","funding round","partnerships"],"date_of_event":"2021-12-16","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$22 million","structured_issues":["Investment","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"vblrqL9EfwBRtcjd0Kl0D8B7itJTEVO0dEEkPB76Abm8wo0QpE0CB7","news_summary":"Greeneye raises $22 million for AI crop protection","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"c5e92d98-e499-4b4b-9505-5b756cd0f016","date":"Oct 13, 2021","link":"https://www.agriculture.com/news/technology/greeneye-technology-secures-its-first-commercial-sale-of-ai-enabled-precision","source":"www.agriculture.com","visible":1,"analysis":{"tags":["precision spraying","AI technology","agriculture","herbicide reduction"],"company":"Greeneye Technology","layoffs":null,"summary":"Greeneye Technology has sold its AI-enabled precision spraying technology to a farming operation in Israel, marking the first stage of its global rollout. The technology has been proven to reduce herbicide use by 78% and cut costs by over 50%. Greeneye plans to launch in the U.S. market in early 2022, starting with corn and soybean farmers in the Midwest. The company has already received significant interest from farmers in the U.S. The precision spraying system integrates with existing sprayers, eliminating the need for farmers to invest in new machines. Greeneyes solution aims to address the challenges posed by herbicide-resistant weeds, chemical drift, and soil and water contamination. The company is backed by Syngenta and is developing the next generation of its technology to spray other chemicals and provide valuable insights to farmers.","partners":["Syngenta"],"customers":["farming operation in Israel"],"investors":["Syngenta"],"confidence":9,"key_topics":["precision spraying","AI technology","herbicide reduction","global rollout","commercial launch"],"date_of_event":"2022-01-01","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"vcAa1VYiv8MozbCILktFjHPgRcISfqb4XJ8qm1XBtu8KV7yLNjUkYI","news_summary":"Greeneye Technology secures its first commercial sale of AI-enabled precision spraying technology","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"e802200d-2c51-4649-bea0-3330540915b0","date":"Jan 28, 2021","link":"https://www.prnewswire.com/il/news-releases/greeneye-technology-completed-a-series-of-field-trials-of-its-precision-spraying-technology-and-starts-enrolling-us-farmers-for-the-upcoming-launch-in-2022-301216985.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"precision agriculture","company":"Greeneye Technology","layoffs":null,"summary":"Greeneye Technology, a precision agriculture company, has successfully concluded field trials for its precision spraying system. The trials demonstrated over 95% accuracy and an 80% reduction in herbicides compared to standard spraying methods. The company expects to announce strategic collaborations with multinational stakeholders and plans to commercially deploy the second generation of its system in the summer of 2021. The system will be available for farmers in the US in the 2022 season. Greeneye Technology is backed by investors including JVP and Syngenta venture.","partners":null,"customers":null,"investors":"JVP and Syngenta venture","confidence":9,"key_topics":["precision spraying","field trials","agriculture industry","collaborations agreements","commercial deployment"],"date_of_event":"January 28, 2021","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Partners  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"AExtIy9f3GIVUTJd9vaNLztqytQZISwAtpTS6VP2iJZ0yhMSBVQT3L","news_summary":"Greeneye Technology completed a series of field trials of its precision spraying technology and starts enrolling US farmers for the upcoming launch in 2022","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"f21fdd0b-d33e-4d36-bdf5-290fbd3595ef","date":"Jul 7, 2020","link":"https://www.farmprogress.com/weeds/companies-move-forward-removing-weeds-selectively-chemicals","source":"www.farmprogress.com","visible":1,"analysis":{"tags":["precision spraying","artificial intelligence","weed control"],"company":"Greeneye Technology","layoffs":null,"summary":"Greeneye Technology, an Israeli startup, is developing precision spraying technology that aims to reduce chemical usage while increasing productivity and profitability for farmers. The company uses artificial intelligence and deep learning to distinguish weeds from crops and provide real-time decisions on where to spray and where not to spray. Syngenta Ventures has invested in Greeneyes technology, seeing it as complementary to their weed control business. The goal is to move away from charging for chemicals by volume to charging for an outcome. Greeneyes technology also enables the use of more effective herbicides that can control resistant weeds. The company aims to have its system commercially available in 2022.","partners":["Syngenta"],"customers":null,"investors":"Syngenta Ventures","confidence":8,"key_topics":["precision spraying","artificial intelligence","weed control","chemical reduction","spraying technology"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Investment","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"rQi4xaq7Kt7xNfL50dJIOE9YZ56aueTOxDzw2sm9OehoM2b4G4PayG","news_summary":"Companies move forward on removing weeds selectively with chemicals","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"6fac1773-51ac-4abd-ab10-dbc8f83216f5","date":"May 27, 2020","link":"https://agfundernews.com/syngenta-invests-in-7m-seed-round-for-chemical-reduction-technology-greeneye.html","source":"agfundernews.com","visible":1,"analysis":{"tags":["agriculture","technology","investment"],"company":"Greeneye Technology","layoffs":null,"summary":"Israeli startup Greeneye Technology has raised $7 million in a seed funding round led by Jerusalem Venture Partners (JVP). The company is developing an AI platform to help farmers detect and spray weeds in real-time, reducing herbicide usage by 65-92%. The funding round also saw participation from Syngenta Ventures, the venture arm of agri-chemicals giant Syngenta. The technology is seen as a way to cannibalize Syngentas traditional business model while embracing more sustainable paths to bio-control for crops. Other investors in the round include 2B Angels, One Way Ventures, Panache Ventures, Techstars, and Hyperplane Venture Capital. Greeneyes system will be retrofitted to existing sprayers or manufactured in collaboration with sprayer manufacturers.","partners":["Syngenta"],"customers":null,"investors":["Jerusalem Venture Partners (JVP)","Syngenta Ventures","2B Angels","One Way Ventures","Panache Ventures","Techstars","Hyperplane Venture Capital"],"confidence":8,"key_topics":["AI platform","weed detection","precision spraying","seed funding","agri-chemicals reduction"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$7 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"AYQnoeRKEfzZzKBjsTgjWoH2bJCzbllojvho8arZDIJbeMBdFAExRT","news_summary":"Syngenta invests in $7m seed round for Israeli autonomous chemical reduction tech Greeneye - AFN","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"1a5d273e-db6e-4a9c-9243-bbb4db903beb","date":"May 26, 2020","link":"https://www.prnewswire.com/news-releases/greeneye-technology-announces-7-million-seed-funding-round-led-by-jvp-301065061.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"agriculture, artificial intelligence","company":"Greeneye Technology","layoffs":null,"summary":"Greeneye Technology, a company developing an AI platform for weed detection and spraying, has closed a seed funding round of $7 million. The funding round was led by JVP and included participation from Syngenta Ventures, among other major investors. Greeneye plans to use the investment to advance product research and development, expand strategic partnerships with sprayer manufacturers, and commercialize its technology after field trials with farmers. The companys technology reduces herbicide usage by 65-92% and offers precise and targeted spraying in real-time. Greeneyes selective spraying system can integrate into any agricultural sprayer and provides a robust and affordable scouting solution. The company aims to revolutionize the agricultural industry by reducing pollutants and hazardous use of pesticides.","partners":"Syngenta Ventures","customers":null,"investors":"JVP, Syngenta Ventures, 2B Angels, One Way venture, Panache Ventures Techstars, Hyperplane Venture Capital","confidence":9,"key_topics":["Seed funding","Artificial intelligence","Partnerships","Precision spraying","Environmental protection"],"date_of_event":"May 26, 2020","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$7 million","structured_issues":["Investment","Partners","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Partners  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"eAOBG4SpIYr1ZJhIrcOCiyG5ltHk2fUmJsjuWV7UhayhLEOnonXun3","news_summary":"Greeneye Technology, Announces $7 Million Seed Funding Round Led by JVP","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"5b32a21b-e92a-4f4a-a124-6acff16db252","date":"May 21, 2018","link":"https://nocamels.com/2018/05/silicon-negev-entrepreneurship-event/","source":"nocamels.com","visible":1,"analysis":{"tags":"innovation, entrepreneurship","company":"Ben-Gurion University of the Negev (BGU)","layoffs":null,"summary":"Ben-Gurion University of the Negev (BGU) is hosting the SilicoNegevBGU festival, an entrepreneurship and financing day for young companies. The festival includes a startup competition for tech startups focused on the Negev region. The winner of the competition will receive an investment of up to 500,000 NIS ($138,845) from the Mata Foundation for Development and Growth. The event aims to strengthen the Negev on national and international levels and promote entrepreneurship in the south of Israel. Last years winner was Consis Medical, a company developing an innovative colonoscopy device. 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