AISPRID Secures €10 Million for Robotic Innovation
Deal News | Jan 22, 2025 | GO CAPITAL SAS
AISPRID, renowned as a leading pioneer in intelligent robotics, has successfully closed a Series A funding round of €10 million for further development and international expansion of its autonomous plant pruning robots—specifically designed for tomato plants in greenhouses. The funding was driven by Innovacom, alongside contributions from French Tech Seed, managed by Bpifrance on behalf of the French government under the France 2030 initiative, as well as business angels closely related to the industry, including tomato producers, and historical funders such as Demeter, GO CAPITAL, and Breizh Up. This financial boost will expedite AISPRID's growth trajectory, enabling the enhancement of production capabilities and accelerating international commercialization efforts.
Sectors
- Robotics
- Agriculture Technology
- Venture Capital
Geography
- France – AISPRID is described as a Breton company, and the funding is strongly tied to French initiatives such as France 2030.
Industry
- Robotics – The article focuses on AISPRID's advancements in intelligent robotics, particularly in the context of agricultural automation.
- Agriculture Technology – AISPRID's development of autonomous robots for tomato plant pruning underlines the integration of technology in agriculture.
- Venture Capital – The involvement of Innovacom, GO CAPITAL, and other venture capital funds in financing AISPRID highlights the sector's active role.
Financials
- €10 million – The total amount raised in AISPRID's Series A funding round.
- €6.2 million – Part of the funding classified as dilutive financing.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| AISPRID | Target Company | Company | AISPRID specializes in intelligent robotics aimed at agricultural applications, particularly greenhouse automation. |
| Innovacom (Turenne Groupe) | Lead Investor | Company | Innovacom is the lead investor in the €10 million Series A funding round. |
| French Tech Seed (managed by Bpifrance) | Co-Investor | Government | A part of the French government's initiative to support tech companies, contributing to AISPRID's funding. |
| GO CAPITAL | Co-Investor | Company | A historical funder involved in the current fundraising round. |
| Demeter | Historical Investor | Company | An existing investor continuing to support AISPRID’s financial growth and development. |
| Breizh Up | Historical Investor | Company | A fund that has historically supported and continues to invest in AISPRID. |
| Business Angels | Individual Investors | Individuals | Includes industry experts such as tomato producers contributing personal investments. |