About Nexus Robotics
Nexus Robotics is a company based in Halifax (Canada) founded in 2018.. Nexus Robotics has raised $1.62 million across 4 funding rounds from investors including THRIVE Agrifood, Sustainable Development Technology Canada and Ecofuel Accelerator. Nexus Robotics offers products and services including Autonomous Weeding Robot and Decision Support Platform. Nexus Robotics operates in a competitive market with competitors including Carbon Robotics, Blue River Technology, ecoRobotix, Tertill and Odd.Bot, among others.
- Headquarter Halifax, Canada
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.62 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
THRIVE Agrifood
& 3 more
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Employee Count
Employee Count
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Products & Services of Nexus Robotics
Nexus Robotics offers a comprehensive portfolio of products and services, including Autonomous Weeding Robot and Decision Support Platform. 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.
AI-powered robot for automated weed removal in farms.
Data platform for real-time insights on farming decisions.
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Funding Insights of Nexus Robotics
Nexus Robotics has successfully raised a total of $1.62M across 4 strategic funding rounds. 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 4
- Last Round Last Round
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First Round
First Round
(14 Sep 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2023 | Amount | Seed - Nexus Robotics | Valuation | THRIVE |
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| Jul, 2022 | Amount | Grant - Nexus Robotics | Valuation |
investors |
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| Oct, 2020 | Amount | Seed - Nexus Robotics | 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 Nexus Robotics
Nexus Robotics has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include THRIVE Agrifood, Sustainable Development Technology Canada and Ecofuel Accelerator. 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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Food and agtech startups are accelerated by THRIVE programs.
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Founded Year | Domain | Location | |
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Venture capital firm focused on investing in clean tech sectors
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Founded Year | Domain | Location | |
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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 Nexus Robotics
| 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 - Nexus Robotics
| 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 |
Nexus Robotics Comparisons
Competitors of Nexus Robotics
Nexus Robotics 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 Odd.Bot, 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 |
Automated organic weed removal robots are provided by Odd.Bot.
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| domain | founded_year | HQ Location |
Autonomous weeding robots are developed for vegetable row agriculture.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Nexus Robotics
When was Nexus Robotics founded?
Nexus Robotics was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Nexus Robotics located?
Nexus Robotics is headquartered in Halifax, Canada. It is registered at Halifax, Nova Scotia, Canada.
Who is the current CEO of Nexus Robotics?
Teric Greenan is the current CEO of Nexus Robotics.
Is Nexus Robotics a funded company?
Nexus Robotics is a funded company, having raised a total of $1.62M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.2M, raised on Sep 14, 2020.
What does Nexus Robotics do?
Nexus Robotics was founded in 2018 in Halifax, Canada, focusing on agricultural robotics. Robotic weeders capable of navigating fields and removing weeds are produced by the company. AI-powered cameras are utilized to distinguish between weeds and crops during operations. Services target farming businesses seeking automated weeding solutions in the sector.
Who are the top competitors of Nexus Robotics?
Nexus Robotics's top competitors include Carbon Robotics, Blue River Technology and ecoRobotix.
What products or services does Nexus Robotics offer?
Nexus Robotics offers Autonomous Weeding Robot and Decision Support Platform.
Who are Nexus Robotics's investors?
Nexus Robotics has 4 investors. Key investors include THRIVE Agrifood, Sustainable Development Technology Canada, Ecofuel Accelerator, and Invest Nova Scotia.