About FarmDroid
FarmDroid is a company based in Vejen (Denmark) founded in 2018 by Kristian Warming and Jens Vest Warming. FarmDroid has raised $11.92 million across 3 funding rounds from investors including Danmarks Eksport og Investeringsfond, Convent Capital and Navus Ventures. FarmDroid offers products and services including FarmDroid FD20, +Seed, +Weed, +Spray, and Field Setup Tool. FarmDroid operates in a competitive market with competitors including Aigen and Upside Robotics, among others.
- Headquarter Vejen, Denmark
- Founders Kristian Warming, Jens Vest Warming
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Sectors
AgricultureIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Farmdroid Aps
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$11.92 M (USD)
in 3 rounds
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Latest Funding Round
$11.38 M (USD), Series A
Oct 22, 2024
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Investors
Danmarks Eksport og Investeringsfond
& 2 more
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Employee Count
Not available
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Products & Services of FarmDroid
FarmDroid offers a comprehensive portfolio of products and services, including FarmDroid FD20, +Seed, +Weed, +Spray, and Field Setup Tool.
Autonomous robot for precise seeding and weeding tasks.
Component for accurate seed placement in fields.
Tool for mechanical weed control in crops.
Micro-spraying technology to reduce chemical usage.
Device for configuring robot field operations.
Funding Insights of FarmDroid
FarmDroid has successfully raised a total of $11.92M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $11.38 million completed in October 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.
Investors in FarmDroid
FarmDroid has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Danmarks Eksport og Investeringsfond, Convent Capital and Navus Ventures.
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Convent Capital is engaged in sustainable investment across various sectors.
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High-tech startups are funded across early and growth stages.
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Financial services are provided for export and investment sectors.
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Investor details for FarmDroid
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Investments & Acquisitions by FarmDroid
Investment portfolio details for FarmDroid
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Financial Statements - FarmDroid
Detailed financials for FarmDroid
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Farmdroid Comparisons
Peer comparison for FarmDroid
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Competitors of FarmDroid
FarmDroid 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 Aigen and Upside Robotics, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Developer of solar powered robots for soil regeneration
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Developer of AI powered robots for agriculture
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Detailed competitors of FarmDroid
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Latest news on Farmdroid
Complete news archive for FarmDroid
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Frequently Asked Questions about FarmDroid
FarmDroid was founded in 2018.
FarmDroid is headquartered in Vejen, Denmark.
Kristian Warming is the current CEO of FarmDroid. They have also founded this company.
FarmDroid is a funded company, having raised a total of $11.92M across 3 funding rounds to date.
FarmDroid was founded in 2018 in Vejen, Denmark, within the agricultural robotics sector. Automatic field robots are developed and supplied for precise seeding and weeding tasks, relying on GPS technology. The FD20 model is powered by solar energy and designed for CO2-neutral operations in crop fields. Services target farmers and plant breeders across Europe, emphasizing sustainable automation in farming practices.
FarmDroid's top competitors include Aigen and Upside Robotics.
FarmDroid offers FarmDroid FD20, +Seed, +Weed, +Spray, and Field Setup Tool.
FarmDroid has 3 investors. Key investors include Danmarks Eksport og Investeringsfond, Convent Capital, and Navus Ventures.