Farmbot
Company

Last deal

$2M
Local Amount - AUD 2.7M

Amount

Series A

Stage

12.10.2021

Date

4

all rounds

$3.1M

Total amount

General

About Company
Farmbot is an Australian Agtech company that provides remote monitoring solutions for the agriculture industry.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2014

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

The company's monitoring devices help farmers check water, diesel, and trough levels, rainfall, and staff movements via a safety check-in module, flow and pressure rates remotely. The IP hardware drives data to a SaaS platform providing users with near real-time SMS and email alerts and reporting on water levels and trends. With predictive analytics, Farmbot improves management, production and resource allocation, equipping farmers with actionable insights to make better business decisions. The company's solutions improve productivity and profitability through reductions in labour and fuel costs whilst improving sustainability outcomes, animal welfare and carbon emissions for as little as $1 a day.