Greeneye Technology, a leading company in the field of precision spraying technology, has recently secured $20 million in funding. This round was led by Israeli investment company Deep Insight and will be used to expand Greeneye’s operations in the U.S. and enhance the technology’s analytical capabilities. The company plans to deploy dozens more systems in farmers’ fields targeting the 200 million acres of corn, soybean, and cotton grown in the U.S., making it accessible to a wider audience.
Nadav Bocher, CEO of Greeneye Technology, expressed his excitement about securing this round of capital during a time when many businesses are facing economic challenges. This investment serves as validation of Greeneye’s mission to drive mainstream adoption of precision spraying technology in the U.S. and globally. Bocher thanked the new investors and existing partners for their support and emphasized that they remain committed to pushing technological boundaries to address farmers’ critical challenges and protect farmland for future generations.
Greeneye’s innovative solution uses AI technology and sophisticated hardware to accurately identify weeds among crops and spray chemicals only where they are needed – directly onto the weeds. In 2022, Greeneye became the first company to commercially launch precision spraying technology in the U.S., making it an essential tool for sustainable farming practices worldwide.
To learn more about Greeneye Technology and how it can help you improve your farming practices, visit their website at www.greeneye.ag today!
