BloomX Raises $13 Million for AI Pollination Systems
BloomX raised $13 million in a Series A round led by the Elah Fund, according to CTech. The financing brings the Israeli agricultural technology company's total funding to $20 million.
BloomX combines robotics and artificial intelligence to manage crop pollination. Its Robee system uses controlled vibrations to release pollen in blueberry plants, while its Yahav 2400 system uses an electric field to collect and transfer pollen in avocado orchards.
The company reports average yield increases of about 20% among growers using its systems. BloomX will use the funding to expand in Peru, Mexico, South Africa and Israel, enter the United States and additional Latin American markets, and develop systems for more crops.
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