Aisprid has secured €10 million in Series A funding to enhance its AI-driven robotic solutions for agriculture, addressing labor shortages and promoting sustainability.

Information on the Target

Aisprid, founded in 2020 and headquartered in Saint-Malo, France, specializes in the integration of artificial intelligence and high-precision robotics tailored for the agricultural sector. The company has developed a leading-edge product: a patented autonomous robot designed specifically for the deleafing of tomato plants. This innovation addresses significant labor shortages commonly faced in greenhouse farming while simultaneously enhancing operational efficiency. By 2024, Aisprid successfully deployed 30 of its robots within France's top five tomato cooperatives, capturing an impressive 70% of the domestic greenhouse market.

Industry Overview in France

The agricultural industry in France is undergoing a significant transformation, driven by the need for innovative solutions to persistent challenges such as labor shortages and sustainability. As one of the largest agricultural producers in Europe, France is heavily reliant on effective agricultural practices, yet must navigate an increasingly competitive landscape. This has led to a heightened focus on technological integration within farming operations, where automation and AI are becoming essential tools for productivity.

The rise of biologically sustainable practices in agriculture has resulted in increased investment in technology that supports these initiatives. Stakeholders in the sector are increasingly acknowledging the potential of robotics and

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Aisprid

in 2024

in a Series A deal

Disclosed details

Transaction Size: $10M

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