Edete Precision Technologies for Agriculture is a pioneering startup that addresses the pressing issue of declining natural pollination through its innovative Artificial Pollination solution as a Service. The company's mission is succinctly captured in its slogan, "Solving ever-growing pollination problem by Artificial Pollination solution as a Service that secures and increases yield." Since its establishment in 2016, Edete has been at the forefront of leveraging technology to revolutionize the agricultural sector.
Specializing in Agriculture, Robotics, and Sustainability, Edete has strategically positioned itself to cater to the specific needs of growers, initially focusing on almonds and pistachios before expanding its services to encompass a wider range of crops. With its meticulous approach, Edete has developed a controlled and manageable artificial pollination solution that has demonstrated remarkable efficacy in securing and increasing yields for almond and pistachio orchards.
One of the key differentiators of Edete's precision pollination service lies in its utilization of a Pollen Bank, preserving viable pollen for over four years. This ensures the timely distribution of the best genetic fit pollen to each almond variety or pistachio female tree, transcending the limitations posed by variations in bloom timings and juvenile issues. Furthermore, the company's precision pollination service addresses the lack of chill hours desynchronization of bloom, thus offering a robust solution to the challenges posed by erratic and dwindling insect-based pollination.
Notably, Edete's precision pollination service is not confined to specific pollination methods, as it is applicable to both wind and insect-pollinated crops, setting it apart as a versatile and comprehensive solution for growers. Currently, the company operates in the USA and Israel, positioning itself at the nexus of agricultural innovation in these key regions.
The latest milestone for Edete came with a significant $2.00M Series B investment on 01 January 2023, reflecting the confidence of investors in the company's trajectory and its potential to make a tangible impact on the future of agriculture. As the company continues to carve a distinct niche in the market, its commitment to sustainability and technological advancement bodes well for its future prospects and its potential to address the ever-growing challenges in the agricultural landscape.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B | $2.00M | - | 01 Jan 2023 | |
Seed Round | $7.00M | 1 | 01 Dec 2021 | |
Grant | $1.00M | - | 22 Nov 2020 | |
Grant | $346.00K | - | 04 Dec 2019 | |
Grant | $500.00K | - | 28 Dec 2018 |
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