202128 Sep

Burro Raises $10.9 Million Series A to Accelerate Commercialization of its Collaborative Robot Platform

Summary

Burros enable growers to boost profitability and mitigate labor shortages today by working collaboratively to force multiply workers, while also laying the foundation for more comprehensive automation tomorrow. For example, California, where the bulk of specialty crops in the U.S. are grown, has seen a 40 percent decline in the number of farmworkers over the past decade, driven by the strenuous nature of farm labor, increasing regulations, and rising wages. Instead of each farmworker walking several miles a day with a 250 pound wheelbarrow full of grapes in the heat, farm workers can stand in the shade and pick/pack with a continuous flow of fruit out of the field. "Charlie and the Burro team have big plans to drive their product roadmap from a growing customer base, harden their technology through real-world use, and offer extended platform services that farmers need every day," said Jim Adler, Founding Managing Director at Toyota Ventures. "Burros product is in high demand because the team is hyper-focused on understanding and solving real agriculture use cases in a way that is simple and accessible," said Sanjeev Krishnan, Managing Director and Chief Investment Officer at S2G Ventures.

Source: Prnewswire

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