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About Aigen
Industries
Food & Agriculture
Robotics & Automation
Energy
Company Size
51-200
Company Stage
Series A
Total Funding
$15.6M
Headquarters
Kirkland, Washington
Founded
2020
Overview
Aigen focuses on enhancing agricultural practices through the integration of robotics, artificial intelligence, and renewable energy. Their main product, the Element vehicle, is an autonomous robot designed to navigate, weed, and analyze row crops, providing farmers with a method of farming that is both scalable and chemical-free, promoting healthier crops. The Element vehicle operates using AI-driven technology and is connected to a network that utilizes satellite data to deliver real-time insights to farmers, enabling them to proactively manage their crops. Aigen distinguishes itself from competitors by its commitment to sustainability; the Element vehicle is powered entirely by renewable energy, featuring solar panels and regenerative motors that capture energy from wind and downhill movement. The company's goal is to support farmers in increasing crop yields while reducing their reliance on fossil fuels and minimizing their environmental impact.
Simplify's Take
What believers are saying
- Aigen's $12M Series A funding boosts production and market expansion opportunities.
- Growing agrivoltaics interest aligns with Aigen's solar-powered robotics for sustainable farming.
- Compute for Climate Fellowship provides Aigen access to resources for climate-focused innovations.
What critics are saying
- Increased competition in agrivoltaics and farm robotics may challenge Aigen's market position.
- Decline in agrifoodtech investment could impact Aigen's future funding opportunities.
- Potential regulatory changes in AI and autonomous vehicles may increase compliance costs.
What makes Aigen unique
- Aigen's Element vehicle offers chemical-free farming with autonomous weeding and crop analysis.
- The company's solar-powered robotics reduce carbon footprint and operational costs for farmers.
- Aigen leverages AI and satellite technology for real-time data, enhancing farm management.
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Funding
Total Funding
$15.6M
Below
Industry Average
Funded Over
2 Rounds
New Enterprise AssociatesIndustry standards
Benefits
Stock options
Flexible (WFH) Fridays
Minimum 15 days PTO
Healthcare - 100% coverage for employee
Vision
Dental
401(k)
Growth & Insights and Company News
6 month growth
↓ -6%1 year growth
↑ 5%2 year growth
↑ 0%LJUBLJANA, Slovenia, Nov. 13, 2024 /PRNewswire/ -- The International Research Centre on Artificial Intelligence (IRCAI), an organization under the auspices of UNESCO, in collaboration with Amazon Web Services, Inc. (AWS), today announced the selection of eight groundbreaking startups as the latest recipients of the Compute for Climate Fellowship. This global program fully funds proof-of-concepts of innovative solutions that use advanced computing and artificial intelligence (AI) in cloud to address the climate crisis in key areas, including clean energy, low-carbon transportation, sustainable agriculture and food, circular economy, sustainable buildings, greenhouse gas accounting, carbon removal, and environment risk.IRCAI and AWS Launch Compute For Climate Fellowship to Fund New Tech Solutions Addressing the Climate Crisis"At IRCAI, we believe that the climate crisis demands innovative, cross-sector solutions. By spearheading public-private partnerships, we aim to unite industry, government, and research leaders to push the boundaries of AI and research and development (R&D), in ways that directly combat climate change," said Davor Orlic, Chief Operating Officer of IRCAI. "The Compute for Climate Fellowship is built on the foundational pillars necessary for impactful AI innovation in addressing climate change: substantial compute resources, dedicated R&D, and cutting-edge talent, while access to advanced computing power enables the data-intensive demands of AI, it is equally vital to pair this with rigorous R&D alongside the expertise of industry leaders
The farm robotics sector has shown some resilience in 2024 and continues to bring innovative products to market, despite the challenging year for fundraising. In the first half of 2024, the AgFunder-defined Farm Robotics, Mechanization, and Equipment category has raised nearly $399 million, a 21.1 % decline from $505.5 million in H1 2023. [Disclosure: AgFunderNews’ parent company is AgFunder.]. However, this drop needs to be considered in the context of a general investment contraction that has characterized the last 18 months. Overall agrifoodtech investment was also down in H1 2024: 12.5% compared to H1 2023. The drop in funding to the robotics sector is more or less in line with general trends
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google NewsWeeds are the bane of all farmers. They compete with crops for soil moisture and nutrients and can block out sunlight needed for crop growth, reducing yields. Over the last five decades, chemical eradication has become the method of choice for controlling weeds. It is common for farmers to spray or otherwise apply several weed-killing chemicals to their fields in a single season. Now agricultural robots that remove weeds are becoming more common.Nature has a way of disrupting the plans of farmers to use less pesticides
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google NewsThe US solar industry is riding a wave of support from farmers, who are deploying new agrivoltaic technology to harvest solar energy while continuing to work their fields. The agrivoltaic movement is an important development in the renewable energy field because it pulls the rug out from under critics, who argue that solar arrays are an inappropriate use of farmland. The only thing missing now is an aesthetic improvement, and the European research firm AgroSolar Europe has the solution.Agrivoltaic Arrays & The Appropriate Use Of FarmlandThough solar opponents continue to argue against rural solar development, the agrivoltaic movement is making it more difficult to make a case against situating solar panels on farmland.For those of you new to the topic, agrivoltaics is a developing discipline that leverages solar infrastructure for agriculture. Agrivoltaic arrays are matched with crops that do well in partial shade. In addition to improving yields and protecting sensitive crops from overheating, the shady micro-climate can also conserve water, prevent erosion, and improve soil health.Agrivoltaic technology is a significant step up from the early days of large-scale solar development, when the preference was to cut costs by situating the solar panels close to the ground, on gravel beds or short turf grass
Aigen Inc. was awarded $50,000 to further develop solar-powered autonomous ground robots for data collection and weed control.
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About Aigen
Industries
Food & Agriculture
Robotics & Automation
Energy
Company Size
51-200
Company Stage
Series A
Total Funding
$15.6M
Headquarters
Kirkland, Washington
Founded
2020
There are no jobs for Aigen right now.
Find jobs on Simplify and start your career today