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Naïo Technologies raises $15.5 million to bring its autonomous farming robots to the U.S.

[2020.01.13, Mon 14:05] Naïo Technologies announced that it has raised $15.5 million to expand its autonomous farming robots to the United States later this year. Based near Toulouse, France, Naïo makes a range of robots designed to improve farming efficiency while also reducing dependence on chemical pesticides and herbicides. While the company already has 150 robots deployed in Western Europe, Japan, and elsewhere in North America, it plans to enter the U.S. market later this year. "We are convinced that in 10 years there will be robots in all the fields across Europe and North America," said Naïo Technologies CEO and cofounder Aymeric Barthes in a statement. Naïo's growth fits into a larger surge in agriculture technology funding as investors identify an opportunity to reinvent traditional farming methods. Naïo's electric robots can weed fields autonomously, which could could eliminate or reduce chemical use while also making farming more profitable overall. The robots use a combination of computer vision and GPS to detect crop lines and distinguish weeds from valuable crops, such as vegetables or grape vines.
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