Bill Gates' green tech fund bets on Silicon Valley farming robots


Modules of Genovese basil and other plants are seen in the Iron Ox greenhouse in Gilroy, California, U.S. on September 15, 2021. Picture taken September 15, 2021. REUTERS/Nathan Frandino

(Reuters) - As California struggles with another crippling drought, a Silicon Valley startup that believes robots can grow produce more sustainably said Wednesday it raised $50 million in a funding round led by Bill Gates' Breakthrough Energy Ventures.

Iron Ox uses robots that are integrated with a hydroponic system consuming 90% less water than traditional farms, said CEO Brandon Alexander.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

   

Next In Tech News

Nvidia shows AI model that can modify voices, generate novel sounds
Analysis-Lilium's fall throws spotlight on air-taxi cash crunch
AI analytics firm Pyramid Analytics secures $50 million from BlackRock
Google's US antitrust trial over online ad empire draws to a close
Corning offers to waive exclusive deals in EU antitrust probe, may stave off fine
US finalizes awards to BAE Systems, Rocket Lab for semiconductor chips
Social media sites call for Australia to delay its ban on children younger than 16
Study: New coating can make China’s stealth aircraft invisible to anti-stealth radar
Apple chief returns to China as Beijing prepares to fete CEOs
Meet the San Francisco billionaire who paid US$6.2mil for a single banana

Others Also Read