Tech Company Financing Transactions
BeeHero Funding Round
BeeHero closed a $42 million Series B funding round on 12/2/2022. Investors included Cibus Fund, Convent Capital and Gaingels.
Transaction Overview
Company Name
Announced On
12/2/2022
Transaction Type
Venture Equity
Amount
$42,000,000
Round
Series B
Investors
Proceeds Purpose
This new round of funding will enable BeeHero to accelerate the growth and adoption of its Precision Pollination Platform. The funding will provide further investment in BeeHero's R & D, essential for generating more data and insight into the Sustainable Agriculture Ecosystem it is building to address the issue of global food security.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
4225 S Highland Ave.
Del Rey, CA 93616
USA
Del Rey, CA 93616
USA
Phone
Website
Email Address
Overview
BeeHero maximizes crop yields through precision pollination, combining sophisticated machine learning algorithms with low-cost sensors to stimulate full output potential during peak pollination cycles. By tracking and optimizing pollination in real-time, BeeHero ensures hyper-efficient pollinators that can increase crop yields by 30% on average. Beehero's platform already enables commercial growers to optimize crop-yield for 70% of major commercial crops. Based in California and operating globally, BeeHero manages the largest database of bees & pollination. The company has traction working with farmers and industry groups, including the largest association of almond growers in the world.
Management Team
Title
Name
Email & Social
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