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Alexander O. Onukwue Share this article The experiments started at a citrus farm in Cape Town where James Paterson was born. By 2014, that passion became Aerobotics – a startup that has now raised $17m from investors to help farmers grow fruits and trees using images from satellites and drones. Aerobotics is a company of engineers, agronomists, and data scientists. Its business is to devise hardware and software technology for precision agriculture anywhere in the world. Their tools are calibrated to generate insights for tree and fruit farmers to manage their resources optimally. Farmers a...

South African startup Aerobotics raises $17M to scale its AI-for-agriculture platform As the global agricultural industry stretches to meet expected population growth and food demand, and food security becomes more of a pressing issue with global warming, a startup out of South Africa is using artificial intelligence to help farmers manage their farms, trees and fruits. Aerobotics, a South African startup that provides intelligent tools to the world’s agriculture industry, has raised $17 million in an oversubscribed Series B round. Founded in 2014 by James Paterson and Benji Meltzer, Aerobo...

Less than a year after Naspers said it would invest R100m in Aerobotics through its Naspers Foundry. By TechCentral 20 Jan 2021  12:00  Image: Shutterstock Cape Town-founded agritech start-up Aerobotics has raised US$17-million (R253-million) in a series-B funding round led by Naspers. News of the investment comes less than a year after Naspers said it would invest R100-million in Aerobotics through its Naspers Foundry business, which funds early-stage ventures. The company’s series-B round was oversubscribed. Other than Naspers, there was also “significant part...

Aerobotics CEO James Paterson Cape Town-founded agritech start-up Aerobotics has raised US$17-million (R253-million) in a series-B funding round led by Naspers. News of the investment comes less than a year after Naspers said it would invest R100-million in Aerobotics through its Naspers Foundry business, which funds early-stage ventures. The company’s series-B round was oversubscribed. Other than Naspers, there was also “significant participation” from Platform Investment Partners, FMO: Entrepreneurial Development Bank and Cathay AfricInvest Innovation. We look forward to further co-de...

Investment poured into innovative local tech firms last year 10 January 2021 - 00:07 By ARTHUR GOLDSTUCK The global tech boom that saw Amazon and Microsoft market valuations pass a trillion-and-a-half dollars in 2020 trickled down powerfully to start-ups - and SA was not left out of the action. Although there were no multibillion-dollar initial public offerings (IPOs) - as with Airbnb, Doordash and Snowflake in the US, three of the 10 biggest IPOs ever for US tech companies - investment poured into local start-ups... This article is reserved for Sunday Times subscribers. A subscript...