Bengaluru-based Agritech and robotics platform TartanSense have raised $5 million in Series A funding. The round was led by FMC Ventures and Omnivore, with participation from existing investor Blume Ventures.
This funding round brings the total number of funds collected by the company to $ 7 Mn, after raising a $ 2 Mn seed round in March 2019.
TartanSense was Founded in 2015 by Jaisimha Rao, an alumnus of Carnegie Mellon University. It develops small agricultural robots, equipped with an AI-assisted computer, to help smallholder farmers reduce their expenditure and tweak their incomes.
The start-up especially focuses on helping emerging small farmers who are struggling with low yields, mainly for two reasons – poor chemical spraying techniques and unreliable farm labour work. And the TartanSense robots are the most accurate agricultural solution for all major agricultural activities – sowing, spraying, weeding and harvesting – which simultaneously reduces the cost of farming and at the same time improves crop yields.
As per the company its latest BladeRunner robot can identify, detect, and mechanically uproot unwanted weeds and spot spray on the desired crop, which reduces chemical use by 45 per cent and increases weeding efficiency by seven times.
Jaisimha Rao, Founder of TartanSense, said, “Our mission is to make smallholder farmers wealthier by shipping monetizable robots. TartanSense will have the world’s largest fleet of agriculture robots in the next 18 months. We are grateful to have amazing investors like FMC Ventures, Omnivore, and Blume Ventures backing us in our passion to empower farmers.”
Amar Singh, Managing Director at FMC Ventures, said, “TartanSense is a pioneer in ground-based precision spraying in India. With growers’ interest in mind, it has developed a unique, low-cost precision application technology with a very high level of accuracy. FMC Ventures is excited to support TartanSense as they combine artificial intelligence and robotics to improve how growers apply crop inputs.”
Mark Kahn, Managing Partner at Omnivore, said, “TartanSense’s innovation in precision agritech can accelerate the transformation of Indian agriculture. We were privileged to be one of the first institutional investors in TartanSense and remain so as the startup reaches new milestones.”
Karthik B Reddy, Managing Partner at Blume Ventures, said, “Jaisimha and team TartanSense have been committed to solving large scale agri problems for farmers since we first met three years ago. By building one of the most robust computer-vision led weeding technologies for Indian conditions, we are excited to invest further. We believe TartanSense will reach many corners of global farming and will best solve several precision farming use cases”.