Root AI
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
$2.3m | Seed | ||
$220k | Grant | ||
$740k | Grant | ||
$7.2m | Seed | ||
$60.0m Valuation: $60.0m | Acquisition | ||
Total Funding | CAD14.3m |
Recent News about Root AI
EditRoot AI, now part of AppHarvest, specializes in developing robotic solutions for indoor farming. The company focuses on creating intelligent robots equipped with advanced vision systems and patent-pending grippers that can navigate complex plant environments to harvest ripe fruits without causing damage. Root AI operates in the AgTech sector, serving large-scale indoor farms that aim to produce non-GMO, chemical pesticide-free fruits and vegetables. The business model revolves around selling and integrating these robotic systems into indoor farming operations, thereby enhancing efficiency, sustainability, and crop yield. Revenue is generated through the sale of robotic units and ongoing maintenance and support services. Root AI's market includes modern greenhouses and indoor farms that prioritize agricultural independence and resource efficiency.
Keywords: AgTech, robotics, indoor farming, vision systems, grippers, crop yield, sustainability, non-GMO, pesticide-free, AppHarvest.