Access here alternative investment news about Bill Gates’ Green Tech Fund Bets On Farming Robots
Venture Capital

Bill Gates’ Green Tech Fund Bets On Farming Robots

by techncruncher.blogspot.com posted 3weeks ago 6 views
As California struggles with another crippling drought, a Silicon Valley startup that believes robots can grow produce more sustainably said Wednesday it raised $50 million in a funding round led by Bill Gates’ Breakthrough Energy Ventures.Iron Ox uses robots that are integrated with a hydroponic system consuming 90% less water than traditional farms, said CEO Brandon Alexander.The company is putting that system to work at a 10,000-square foot (930 square meter) greenhouse in Gilroy, California, where a self-driving robot named Grover moves pallets of Genovese Basil and a robotic arm system lifts the pallets for inspection.