Danish agricultural robotics company Agro Intelligence (Agrointelli) has raised €14.5m (£13.1m) in an equity investment round to scale production and accelerate the its international growth plans.
The round was co-led by Nordic Alpha Partners and Vaekstfonden, under the Danish Green Future Fund, which aims to help make the country’s agricultural sector more sustainable while helping farms increase output and efficiency.
Agrointelli’s agricultural robots combine AI, machine vision and automation into a flexible platform solution that is built from the ground up to respond to core challenges faced by farm owners, while helping them to improve their environmental footprint. For example, the company’s lightweight Robotti autonomous tool carrier can be used for activities such as tillage, seeding, weeding and precision spraying.
Ole Green, CEO and founder of Agrointelli, said: “This investment from Vaekstfonden and Nordic Alpha Partners will enable us to produce and distribute of our robotic agricultural platform at scale, making it possible for us to capitalise on the growing international interest in our products and services.
“We have seen in the field the concrete environmental and economic benefits our robotic platform produces for farmers and are extremely excited to have the opportunity now to bring Robotti to farmers across the globe.”
