Nanovel

Company Overview

Snapshot

Founded in May 2018 by Isaac Mazor, Nanovel operates with 11–50 employees. The company has raised $8.55M across four funding rounds and holds one patent. In October 2024, Nanovel secured a grant from the Citrus Research Board for fruit-harvesting robot development.

Business overview

Nanovel specializes in autonomous harvesting solutions for deep-foliage fruit trees, leveraging artificial intelligence, robotics, mechanics, software, image processing, and automation. The company's core technology focuses on developing AI-powered robots to address the challenges of fruit picking, primarily serving the agriculture and food technologies sector, with a specific emphasis on crops like citrus.

Strategic signal

In September and October 2024, Nanovel unveiled its groundbreaking AI-powered robot designed to revolutionize global fruit harvesting, particularly for citrus. This development signals a significant advancement in agricultural automation, offering a cost-competitive solution that could address labor shortages and efficiency challenges in the fruit industry. For investors, this indicates Nanovel's strong potential to disrupt traditional harvesting methods and capture a substantial market share in agtech robotics.

Company Intelligence Q&A

What is Nanovel's primary focus?

Nanovel specializes in the autonomous harvesting of deep-foliage fruit trees, utilizing artificial intelligence and robotics technologies.

When was Nanovel founded?

Nanovel was founded in May 2018 by Isaac Mazor.

What was a significant recent development for Nanovel?

In October 2024, Nanovel secured a grant from the Citrus Research Board for the development of its fruit-harvesting robot.

How much capital has Nanovel raised to date?

Nanovel has raised a total of $8.55M across four funding rounds.

What technology does Nanovel employ in its products?

Nanovel leverages artificial intelligence, robotics, mechanics, software, and image processing to create its automatic fruit-picking machines.