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New AgriTech Startup Wants to Blend Solar Power and Smart Farming | CPT PPP Coverage

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New AgriTech Startup Wants to Blend Solar Power and Smart Farming appeared on www.globalagtechinitiative.com by Global Ag Tech Initiative.

Elad Levy, one of the founders and former CEO of Roboteam, which recently merged with the Psagot investment House, has established a new startup in the field of agriculture and climate, according to CTech. The new company, agRE.tech, has completed a pre-seed funding round of about $2 million from major entities, including Israel’s Zemach and the French energy giant EDF.

agRE.tech has been working over the past year on developing a robotic operating system for agrovoltaic areas. The system latches onto the photovoltaic infrastructure, using artificial intelligence to enable robotic operations in the agricultural space. These operations include precise spraying, pruning, autonomous picking, and more, alongside automatic control and maintenance of the solar fields.

“We thought about how we could connect our expertise in robotics with the agricultural field of the Zemach company,” said Levy, who serves as CEO of the new company. “We realized there is an opportunity to help agriculture without interfering with it. What prevents the deployment of such fields is agricultural regulation that fears harming agriculture, which brings in less capital than photovoltaic fields. Our system brings significant added value by combining robotics and artificial intelligence to perform precise actions. We signed with EDF to promote the solar side.”

For more, continue reading at CTech.

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