Blue White Robotics will use the funding to increase rapid adoption of Robots-as-a-Service and drive U.S. sales.
The company develops kits that automate existing tractor fleets. Additionally, their platform collects and distributes data that creates new services to increase yields and reduce inputs for growing autonomous operations. Since its inception in 2017, $ 50M has been invested in Blue White Robotics.
The latest $ 37M in Series B funding is led by New York-based global private equity and venture capital firm Insight Partners. Entrée Capital co-led this Series B after having seeded Blue White Robotics and participated in its Series A round. They are joined by Clal Insurance, Jesselson Family Office, Peregrine VC, and Regah Ventures.
Blue White Robotics says it will use the new funding to increase the rapid adoption of their autonomous technologies, drive new U.S. sales, and attract key talent.