FarmWise
Innovative farming solutions
- 21-100 employees
- B2B
- Artificial Intelligence
- Food
- Manufacturing
- Deep Tech
- Robotics
- Computer Vision
- Environmental
- Potrero Hill, San Francisco, CA
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Company mission
To deliver affordable and reliable vision systems to power tomorrow's farm equipment with ultra precision.
19% employee growth in 12 months
Our take
Autonomous robotic equipment presents great opportunities for efficiency in farming, but unfortunately it comes at a very high cost. Existing companies sell robotics directly to farms, but this is often unaffordable and requires advanced technical training that the average farmer is not qualified for.
FarmWise rent out robotic equipment to farms, and charge approximately $200 per acre of land worked upon. The company brings the equipment and sets it up to work automatically, preventing farmers from having to program the equipment themselves - smartly exploiting the gap in the market where farmers cannot afford such equipment, or lack the training to use it.
In this approach, FarmWise presents opportunities for all farms to benefit from the time and cost efficiency associated with autonomous robotic equipment, as opposed to this being exclusively accessible to corporate farms. The company is well-funded, and seems focussed on broadening its product capabilities towards serving more farmers across more sectors in the future.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Equity
- 401(k) with Company Match
- Free catered lunch and plenty of snacks
- Flexible PTO & 8 company-wide holidays
- Generous Health Benefits (Medical, Dental, Vision), including FSA and HSA options
Company values
- Grower-Obsessed - When we build products and features, we start and end with growers in mind, focusing on what's best for the long term
- Meet Challenge with Action - Many interesting problems look impossible to solve, at first. We embrace this and don't shy away from hard problems. We chase the big ideas and encourage disruptive ideas and action plans
- Value Ideas Over Egos - We set aside being right, in favor of finding the right idea. We take our work seriously, but not ourselves, and are open to being wrong
Funding (last 2 of 3 rounds)
Jun 2022
$45m
SERIES B
Sep 2019
$14.5m
SERIES A
Total funding: $65.2m
This company has top investors
Leadership
Sébastien Boyer
(Co-Founder & Chair of the Board)Co-Founder at The Marshmallow Project, Board member and CRO at Zeffy, Board member at PowerZ and Venture Partner at Basis Set.
Thomas Palomares
(CTO)Studied Management Science &and Engineering at Stanford, where they interned at TÜV Rheinland and IBM.