MetoMotion Raised $5M in Funding
- MetoMotion, a Yokneam, Israel-based intelligent robotic systems for the greenhouse industry, raised $5M in funding
- The round was led by Ridder, a greenhouse technology company, and Navus Ventures, the family investment office of Lely
- The company intends to use the funds to finalize R&D activities, set up production and marketing activities and launch the commercial product
- Led by CEO Adi Nir, MetoMotion provides a smart robotics platform that enables farmers and growers to solve labor shortages, reduce costs and improve yields
- Its GRoW robot brings technology into the greenhouse, making use of latest Artificial Intelligence (AI)-based computing for 3D perception
- Specially designed, flexible motion control and path-planning algorithms give the robot precise motion between plants and a unique design that fits the modern greenhouse environment
