Aerobotics - About the company
Aerobotics is a series B company based in Cape Town (South Africa), founded in 2014 by Benjamin Meltzer and James Paterson. It operates as an AI-powered yield forecasting for fruit growers, packers, and marketers. Aerobotics has raised $27.1M in funding from investors like Naspers, 4Di Capital and Nedbank. The company has 484 active competitors, including 93 funded and 18 that have exited. Its top competitors include companies like Sentera, Garuda Aerospace and Pyka.
Company Details
AI-powered yield forecasting for fruit growers, packers, and marketers. The company provides a platform that leverages Artificial Intelligence and smartphone imagery to deliver accurate fruit size, color, and quality measurements. This enables better yield forecasting, business planning, and sales decisions. The platform combines AI measurements with user inputs, offering solutions for various crop types. Key features include precise fruit sizing and forecasting, automated blemish measurements, and post-harvest quality classification. The company's suite of tools enhances farming methods, helping improve profitability by optimizing packouts. The platform supports data-driven decision-making throughout the fruit production and distribution chain. The company offers pricing details and demo requests on its website.
- Website
- aerobotics.com
- Email ID
- *****@aerobotics.com
- Phone Number
- +27 **********
Key Metrics
Founded Year
2014
Location
Cape Town, South Africa
Stage
Series B
Total Funding
$27.1M in 5 rounds
Latest Funding Round
Ranked
3rd among 484 active competitors
Employee Count
89 as on Jul 01, 2024
Legal entities associated with Aerobotics
Aerobotics is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AEROBOTICS PTY LTD CIN: 618811760 , Australia, Active | Apr 29, 2017 | - | - | - |
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Aerobotics's funding and investors
Aerobotics has raised a total funding of $27.1M over 5 rounds. Its first funding round was on Sep 2017. Its latest funding round was a Series B round on Dec 11, 2020 for $*****. 5 investors participated in its latest round. Aerobotics has 19 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Aerobotics:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 11, 2020 | 3823018 | Series B | 3301815 | 5879156 | 1200095 | 9182337 |
May 20, 2020 | 5042532 | Series B | 8026993 | 2239266 | 8409959 | |
Feb 27, 2019 | 8396000 | Series A | 1075490 | 4715046 | 8041639 |
View details of Aerobotics's funding rounds and investors
Aerobotics' founders and board of directors
Founder? Claim ProfileThe founders of Aerobotics are Benjamin Meltzer and James Paterson. James Paterson is the CEO of Aerobotics.
Here are the details of Aerobotics' key team members:
- Benjamin Meltzer: Former Co-Founder of Aerobotics and founder of 1 other company. Contact Info: 1 email address
- James Paterson: Co-Founder & CEO of Aerobotics and founder of 1 other company. Contact Info: 2 email addresses
View details of Aerobotics's Founder profiles and Board Members
Aerobotics' employee count trend
Aerobotics has 89 employees as of Jul 24. Here is Aerobotics's employee count trend over the years:
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Aerobotics's Competitors and alternates
Top competitors of Aerobotics include Sentera, Garuda Aerospace and Pyka. Here is the list of Top 10 competitors of Aerobotics, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Sentera 2014, Saint Paul (United States), Acquired | Developer of precision agriculture technology providing imagery and data-driven insights | $54.7M | 74/100 | |
2nd | Garuda Aerospace 2015, Chennai (India), Series B | Provider of drone solutions for various industries including agriculture and defense | $49.5M | 72/100 | |
3rd | Aerobotics 2014, Cape Town (South Africa), Series B | AI-powered yield forecasting for fruit growers, packers, and marketers | $27.1M | 65/100 | |
4th | Pyka 2016, Palo Alto (United States), Series B | Autonomous electric aircraft for agriculture, cargo, and defense applications | $88.1M | 64/100 | |
5th | DroneAcharya 2017, Pune (India), Public | Provider of drone-based solutions, training, and services for various industries | $4.76M | 62/100 | |
6th | Marut Drones 2019, Hyderabad (India), Series A | Manufacturer of drones for agriculture, training, afforestation, and mosquito eradication | $6.35M | 61/100 | |
7th | Guardian 2017, Woburn (United States), Series A | Provider of drone-based crop protection solutions | $36.5M | 60/100 | |
8th | Manufacturer of first-person view drones, drone labs, and drone pilot training | $1.81M | 58/100 | ||
9th | Provider of drone-based data acquisition and analysis for various industries | $1.6M | 57/100 | ||
10th | SpectrumTechnologies 1987, Aurora (United States), Acquired | Plant measurement technology for profitable decisions in agriculture, horticulture, and turf | - | - | 56/100 |
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Aerobotics's Investments and acquisitions
Aerobotics has made no investments or acquisitions yet.
Reports related to Aerobotics
Here is the latest report on Aerobotics's sector:
News related to Aerobotics
Media has covered Aerobotics for 1 event in last 1 year, It was about partnerships.
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Advexure and Aerobotics Partner to Deliver Precision Agriculture SolutionGeospatial World•Aug 28, 2023•Advexure, Aerobotics
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Venture capital firm 4Di raises R423mITWeb•Nov 30, 2022•4Di Capital, DOTEXE, IBL, Aerobotics and 3 others
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SA agri-tech startup Aerobotics launches new platform for growersDisrupt Africa•Jul 29, 2022•Aerobotics
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SA tech startup Aerobotics raises $17-millionVentureburn•Jan 25, 2021•Aerobotics, Naspers, FMO, Cathay Innovation and 1 other
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In a Series B funding round, South African startup Aerobotics raises $17 millionTechgist Africa•Jan 23, 2021•Aerobotics, Naspers, Cathay Innovation, FMO and 1 other
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Aerobotics raises R250-million in Naspers-led funding roundTechCentral•Jan 20, 2021•Aerobotics, Naspers, FMO, Platform Capital and 1 other
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Naspers leads R253m funding in agritech start-up AeroboticsITWeb•Jan 20, 2021•Aerobotics, Naspers, Platform Capital
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South Africa agritech startup Aerobotics raises funds for global expansionAfrica Business Communities•Dec 16, 2020•Aerobotics, FMO, Naspers
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