Naïo Technologies raises € 14 million to accelerate growth

The € 14 million funding round was led by Bpifrance. Impact investor Pymwymic and its historical shareholders, Demeter and Capagro, flanked Bpifrance in this investment round.

Weeding robots

The French company, founded in 2011 by robotic engineers Aymeric Barthes and Gaëtan Séverac, manufactures and markets agricultural solutions in close collaboration with farmers. With their weeding robots they aim to provide a solution to assist farmers in their daily work, reduce the strenuous physical workload and limit the use of chemical weedkillers.

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Aymeric Barthès, CEO of Naïo Technologies (left), and Gaëtan Séverac, co-founder of Naïo Technologies (right). – Photos: Naïo Technologies

Prepare robots for mass production

According to Naïo Technologies, this new investment round will enable the company to “further capitalize on our position as a leader in agricultural robotics and reach the next level of technology maturity in order to prepare the robots for mass production.”

Further increase reliability

“During the past years, we have made a lot of progress on navigation, user experience and security aspects. This makes our robots a solid base for precision farming. Our next step is to focus on further increase of the reliability of our robots as well as develop an efficient and large-scale deployment strategy,” says Aymeric Barthès, CEO of Naïo Technologies.

Nearly 150 robots deployed in Europe and the U.S.

Nearly 150 robots (Oz, Dino and Ted) are already deployed at farms and vineyards both in Europe and in the United States. The company says the promise of contributing to more sustainable agricultural practices, combined with Naïo’s ability to demonstrate market readiness over the past 18 months, have contributed to the successful closing of this funding round.

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Nearly 150 robots (Oz, Dino and Ted) are already deployed at farms and vineyards both in Europe and in the United States.

Standard navigation system for agricultural robots

In order to handle different crop types, Naïo Technologies has developed a standard navigation system for agricultural robots. This navigation system can be implemented on any off-road robot which allows to address many crop types.

“In the next 10 years, there will be robots in every field of Europe and North America. We recognise that the challenge is very ambitious, but we are convinced that we can meet it alongside our partners and stakeholders. Our goal is to ensure the ecological and social transition to sustainable agriculture,” says Gaëtan Séverac, co-founder of Naïo Technologies.

Naïo Technologies has developed a standard navigation system for agricultural robots. This navigation system can be implemented on any off-road robot which allows to address many crop types.