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Israeli bee tech startup Beewise pulls in $80m investment for robotic beehives

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Israeli bee tech startup Beewise, a developer of robotic beehives, pulled in an $80 million investment for its automated solution aimed at saving global bee populations, the company announced Wednesday.

Insight Partners, a New York-based investment and private equity firm that has invested in a number of Israeli companies, led the Series C round, which also included investors such as Sanad Abu Dhabi, a private investment and assets management company that is an aerospace-focused subsidiary of the United Arab Emirates sovereign wealth fund Mubadala Investment Company, as well as Israeli private equity investment group Fortissimo Capital, Corner Ventures, lool ventures, Atooro Fund, and Meitav Dash Investments.

Founded in 2018, Beewise developed the Beehome, a solar-powered, converted container that brings together robotics, artificial intelligence, imaging, a software platform, and a mobile application to monitor and care for honeybees around the clock. The device can house up to 24 bee colonies and automatically controls for climate and humidity conditions, detects and eliminates pests and parasites, identifies when a colony is preparing to swarm, sends alerts when human intervention is needed, and even harvests the honey the bees produce.

“The Beehome works with 24 colonies, 12 on each side. And in the center, there’s a robotic system that moves and monitors [the colonies] 24/7 using computer vision, machine learning and neural networks. It dispenses food, water, medicine if there is a disease or pest, it knows if it’s too hot or cold — the robot can treat all of this,” Beewise co-founder and CEO Saar Safra told The Times of Israel in an interview last August, describing his and the company’s mission save the world’s........

© The Times of Israel

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