Hummingbird Technologies secures £3m to expand its agricultural data platform
The funding round includes backing from the European Space Agency, Sir James Dyson, Newable Private Investing and Velcourt.
Hummingbird Technologies provides drone, plane and satellite data analytics for precision agriculture using artificial intelligence.
Hummingbird Technologies has completed a £3m fund raise with participation from backers including the European Space Agency, Sir James Dyson, Newable Private Investing and Velcourt.
The London-based business applies artificial intelligence and aerial imagery analytics to help farmers improve efficiency. The fresh capital will support its expansion across the UK and into international markets such as Russia, Brazil and Ukraine.
Founded in 2016, the company combines drone, satellite and weather data to provide precision agriculture insights.
From the founder
"We are delighted to complete this funding milestone with such high-quality backers, which reflects our position as the leading player in AI based agritech. This is an exciting time with a major digital transformation in global agriculture. Artificial intelligence and digital technologies are dramatically enhancing traditional farming techniques with significant cost efficiencies for farmers and the added benefit of helping to cut back on the overuse of chemicals."
Will Wells
CEO at Hummingbird Technologies
Use of funds
- 01Expand into international markets
