Agricultural drone maker XAG raised US$182 million in funding round led by Baidu, SoftBank

SOURCE AsiaNewsDay Agricultural drone maker XAG raised 1.2 billion yuan (US$181.6 million), the company announced on Monday, marking the largest funding round to date in China’s agricultural technology industry.Baidu Capital and SoftBank Vision Fund II led the investment round. Other … Continue reading Agricultural drone maker XAG raised US$182 million in funding round led by Baidu, SoftBank

Israel’s SeeTree raised $30 million investment Series B funding to adapt tree monitoring tech for new crops.

Image © SeeTree SOURCE AgFunderNews Israel’s SeeTree has raised a total of $30 million in Series B funding, with the World Bank‘s International Finance Corporation (IFC) leading the round. The round also saw Brazil’s Citrosuco, the world’s largest producer of orange juice concentrate, and … Continue reading Israel’s SeeTree raised $30 million investment Series B funding to adapt tree monitoring tech for new crops.

Image © Mahinda P.Liyanage SOURCE Ceylon : For the first time in Sri Lanka an experimental operation of spraying liquid organic fertilizer on paddy fields using an agricultural drone was put to trial in the Panwila paddy fields in Rathgama, … Continue reading Sri Lanka using drones to spray liquid organic fertilizer on paddy fields.