Bonsai Robotics, a developer of physical AI solutions for agriculture applications, announced it has raised $15 million in Series A funding.
Bison Ventures led the oversubscribed round with participation from new investor Cibus Capital and existing investors Acre Venture Partners, Congruent Ventures, Fall Line Capital, E14 Fund, SNR, and Serra Ventures. This latest funding round enables Bonsai to continue enhancing its software capabilities, expanding its physical AI platform and data set, driving more OEM partnerships, and accelerating commercialization efforts.
With its flagship product, Visionsteer, Bonsai offers technology designed to meet grower needs, offering data insights, crop analysis, notifications, job planning, and autonomous vehicle control. And the company is currently partnered with multiple equipment manufacturers and has deployed over 40 units with its integrated autonomous solution for tree nut orchard applications in the U.S. and Australia. The company has collected data from operations on over 500,000 acres, enabling it to provide leading physical AI technology that is helping a variety of orchard growers reduce operating and capital equipment costs, increase yields, and gain unparalleled insights not available before.
Bonsai is focused on re-thinking basic autonomy from a first principle perspective for agriculture applications and is addressing some of the industry’s most urgent challenges, including climate change, food security, labor shortages, and rising grower costs.
KEY QUOTES:
“We have made significant progress building our AI model and data set for autonomous orchard management since our seed round of funding a year ago, so this additional funding is strong validation of the incredible work our team has accomplished and our future growth prospects. Additionally, this capital will allow us to continue to expand our partnerships with manufacturers and growers by delivering innovative physical AI technology solutions that address the most pressing challenges in agriculture today.”
- Tyler Niday, Co-Founder and Chief Executive Officer of Bonsai Robotics
“Bonsai represents exactly what we look for at Bison — founders who combine deep technical expertise with industry knowledge to solve critical challenges. Their vision-based approach to agricultural automation has the potential to transform how specialty crops are grown, addressing the urgent labor and efficiency challenges facing growers while building toward a more sustainable future for agriculture.”
- Tom Biegala, Founding Partner at Bison
Source - https://pulse2.com
