Beewise Technologies, an Israeli startup working on climatech precision robotics to help the environment by saving the Earth’s bees from extinction, raised $80 million in a Series C funding round of funding led by Insight Partners, with participation from Sanad, an investor located in Abu Dhabi in the United Arab Emirates (UAE). With this new funding, Beewise has now raised more than $120 million to date.
Israel has always been at the forefront of aggrotech since the early days of the first Zionist settlements. The country may now be known more as Startup Nation for all of its success in the high tech world. But until recently it was best known for its agricultural innovations.
So, Beewise Technologies is not alone in this respect, nor is it even the only startup working with bees. BeeHero, an Israeli aggrotech startup which develops technology to save bees, brought in $24 million in funding this past October.
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If the bees were to become extinct, then the world’s plant life would die out. Sure, most people think that bees exist to provide us with honey. But the honey is just a bi-product of the bee’s main function. Bees are an integral part of pollination, aiding in the reproductive process of all manner of flora and fauna.
The honey that they produce comes from the nectar of flowers that bees eat. When feeding, they disseminate pollen between plants, allowing them to reproduce. But today, with all of the problems from climate change, bees have been disappearing from the Earth. Without them, we will have a really big problem. This is why companies like Beewise are so important.
Founded in 2018 by five partners – Eliyah Radzyner, Hallel Schreier, Boaz Petersil, Yossi Sorin, and Saar Safra – Beewise says that its company mission is to save the world’s bees. Its exclusive focus is manifested in its first solution, the Beehome, the world’s first autonomous beehive with an integrated robotic beekeeper. Beehome reduces bee mortality by up to 80%, saving bees at scale to secure pollination for a stable food supply.
Launched in July of 2021, Beewise says that Beehome is an autonomous, solar-powered beehive that harnesses innovations in artificial intelligence, machine learning and precision robotics. It uses big data to rescue very small tenants: up to 80% of bees that would have perished are rescued on an ongoing basis.
With Beehome, Beewise says that operational costs are also slashed by as much as 90 percent. “Its results are immediate and manifold: as bees are protected in their natural habitat from multiple environmental threats, pollination is strengthened and honey production is increased, bolstering the entire ecosystem for long-term results,” says the company.
Beewise CEO Saar Safra said, “We are the only company on the planet that is deploying precision robotics in tandem with the world’s most innovative technologies including AI and computer vision in order to save the bees.”