About Ekobot
Ekobot is a company based in Vasteras (Sweden) founded in 2016.. Ekobot has raised $162.48 thousand across 2 funding rounds from investors including Swedish Board of Agriculture and Navus Ventures. Ekobot offers products and services including Ekobot WEAI. Ekobot operates in a competitive market with competitors including Carbon Robotics, Blue River Technology, ecoRobotix, Tertill and Nexus Robotics, among others.
- Headquarter Vasteras, Sweden
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Sectors
Agriculture
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$162.48 K (USD)
in 2 rounds
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Latest Funding Round
$162.48 K (USD), Seed
Feb 12, 2024
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Investors
Swedish Board of Agriculture
& 1 more
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Employee Count
Employee Count
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Products & Services of Ekobot
Ekobot offers a comprehensive portfolio of products and services, including Ekobot WEAI. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Autonomous system for precise weeding to reduce herbicides and enhance yields.
Funding Insights of Ekobot
Ekobot has successfully raised a total of $162.48K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $162.48 thousand completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $162,478
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Seed - Ekobot | Valuation |
investors |
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| Oct, 2022 | Amount | Seed - Ekobot | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ekobot
Ekobot has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Swedish Board of Agriculture and Navus Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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High-tech startups are funded across early and growth stages.
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Founded Year | Domain | Location | |
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Provider of agricultural support and regulatory services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ekobot
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ekobot
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ekobot Comparisons
Competitors of Ekobot
Ekobot operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Carbon Robotics, Blue River Technology, ecoRobotix, Tertill and Nexus Robotics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based autonomous weeder robots are developed for agriculture.
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| domain | founded_year | HQ Location |
Computer vision and robotics are applied for agricultural weed control.
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| domain | founded_year | HQ Location |
Autonomous robotic weeders are built for precision agriculture tasks.
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| domain | founded_year | HQ Location |
A solar-powered weeding robot for home gardens is provided.
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| domain | founded_year | HQ Location |
Robotic weeders for farming are developed using AI cameras.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ekobot
Frequently Asked Questions about Ekobot
When was Ekobot founded?
Ekobot was founded in 2016 and raised its 1st funding round 6 years after it was founded.
Where is Ekobot located?
Ekobot is headquartered in Vasteras, Sweden. It is registered at Vasteras, Vastmanland, Sweden.
Who is the current CEO of Ekobot?
Erik Jonuks is the current CEO of Ekobot.
Is Ekobot a funded company?
Ekobot is a funded company, having raised a total of $162.48K across 2 funding rounds to date.
What does Ekobot do?
Ekobot was founded in 2016 in Vasteras, Sweden, focusing on the agriculture sector through robotics and AI. Autonomous systems are created to detect weeds in vegetable rows using artificial intelligence and mechanical weeding methods. Electromobility is integrated into these technologies for efficient field operations. The companys work supports sustainable farming practices in European markets.
Who are the top competitors of Ekobot?
Ekobot's top competitors include Carbon Robotics, Blue River Technology and ecoRobotix.
What products or services does Ekobot offer?
Ekobot offers Ekobot WEAI.
Who are Ekobot's investors?
Ekobot has 2 investors. Key investors include Swedish Board of Agriculture, and Navus Ventures.
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