Bluewhite, the agricultural Robot-as-a-Service (RaaS) company enabling data-driven autonomous farming has secured $39M Series C financing led by Insight Partners, with participation from new investors Alumni Ventures and LIP Ventures, among others. Existing investors Entrée Capital, Jesselson, and Peregrine Ventures also participated in the financing round.
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The company will use the funds to further scale its agricultural autonomous tractor and farming solutions, and expand into new markets worldwide based on its successful track record.
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“Having already proven the commercial success of our solution with growers, this new round of funding will enable us to continue providing sustainable autonomous innovation to more markets and work with different types of partners across the ecosystem to impact every level of the food supply chain,” said Ben Alfi, co-founder and CEO of Bluewhite. “This next phase of our growth will help provide unprecedented transparency throughout the food supply chain and ensure healthier, safer, and more sustainable food production and consumption. We are thrilled to have forward-thinking investors and amazing customers who share our vision to make sustainable, autonomous farming a reality worldwide.”
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“Particularly in these challenging times, we’ve been excited to see Bluewhite defy the odds and successfully deploy its solution while also raising this next round of funding so it can continue to scale,” said Daniel Aronovitz, Principal at Insight Partners and Bluewhite Board Member. “The combination of Bluewhite’s unique autonomous technology and incredible team have led the company to rise above the pack, and we’re thrilled to be working with them as they move into this next critical phase.”
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About Bluewhite
Founded in 2017, The Bluewhite mission is to build resilient farms by maximizing the grower’s productivity and reducing their operational cost. We equip existing fleets with autonomous technology, an easy-to-use platform, and end-to-end service; supporting their journey to a more profitable and sustainable farm.
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