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HomeFinTechGuardian Agriculture: Raises $10.5M in Seed Financing

Guardian Agriculture: Raises $10.5M in Seed Financing

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  • Guardian Agriculture, a Malden, MA-based eVTOL-powered crop protection company, came out of stealth with a $10.5m in seed financing
  • The round was led by Leaps by Bayer with participation from FMC Ventures, Wilbur-Ellis’ Cavallo Ventures, Fall Line Capital, the MIT-affiliated E14 Fund, Pillar VC and Neoteny
  • The company, which has raised $15.5m in total financing, also intends to use the funds to accelerate development and production of its crop protection system
  • Guardian Agriculture has developed an integrated eVTOL (electric vertical takeoff and landing) system for precision application
  • Offered as a service, the company’s autonomous, eVTOL, agricultural systems collect and act intelligently on data generated throughout the crop protection process
  • When deployed at scale the systems are capable of eliminating hundreds of millions of pounds of unnecessary pesticide use annually while helping farmers grow healthier

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