Tech Company Financing Transactions
FarmDroid Funding Round
FarmDroid, operating out of Vejen, raised $11.4 million from Convent Capital, EIFO and Navus Ventures.
Transaction Overview
Company Name
Announced On
10/22/2024
Transaction Type
Venture Equity
Amount
$11,400,000
Round
Undisclosed
Investors
Convent Capital (Lead Investor) (Steven Bernaert)
EIFO (Caroline Ahlefeldt)
Navus Ventures (Eduard Meijer)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Industrisvinget 5
Vejen, 6600
Denmark
Vejen, 6600
Denmark
Phone
Website
Email Address
Overview
FarmDroid is the company behind the world's first fully automatic Seed-n-Weed robot. The robot takes care of both sowing and weeding. We help farmers and plant breeders reduce costs of manual labor and energy, while doing it in a CO2 neutral and ecological way. FarmDroid ApS was founded in 2018 by the two brothers Jens Warming and Kristian Warming along with Innovationsmiljøet Syddansk Innovation A/S and the acknowledged robot expert Esben Østergaard.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
René Jørgensen
Chief Marketing Officer
Eddie Pedersen
Chief Operating Officer
Henning Sørensen
Chief Technical Officer
Jens Warming
Co-Founder
Kristian Warming
VP - Manufacturing
Emil Bertelsen
VP - R & D
Thomas Olesen
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