Greeneye Technology Overview
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. The 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.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
Most promising Israeli startups: 3 agtech companies to watch in 2024 | CTech
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.
CustomersInvestmentExpand
growth-positive
AI precision spraying startup Greeneye Technology raises $20 million | CTech
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%.
InvestmentExpand
growth-positive
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
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.
PartnersInvestment
growth-positive
NuWay-K&H Cooperative Invests in Greeneye Technology System to Unlock Benefits of Precision Spraying for Members and Enable Greater Collaboration with Sustainability Partners
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.
PartnersCustomers
growth-positive
Greeneye Precision Spraying System Reduces Non-Residual Herbicide Use by 87% While Delivering Same Efficacy As Broadcast Spraying, UNL Trial Finds
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.
Customers
| Sector | Agriculture & Food Technologies |
Funding
| Total funding | $50.03M |
| Last funding | $20M |
| Stage | A |
| Rounds | 8 |
| Investors | 15 |
Team Members
10
Employees: 11-50
Web & Social Links
| Website | greeneye.ag/ |
| Careers | Careers page |
Locations
Shoken Street 13, Tel Aviv-Yafo, Israel
Photos & Videos
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