About Blue River Technology
Blue River Technology develops advanced agricultural robots designed to enhance farming efficiency and reduce chemical usage. Their machinery utilizes computer vision and machine learning to identify crops and weeds, allowing for precise application of chemicals only where needed. This targeted approach not only improves crop yields but also lessens the environmental impact of farming practices. Unlike many competitors, Blue River Technology focuses on integrating intelligent technology into traditional farming, offering machines that can be sold or leased to farmers. The company's goal is to tackle significant agricultural challenges while promoting sustainability in the farming industry.
Sunnyvale, CaliforniaHeadquarters
2011Year Founded
$29.3MTotal Funding
ACQUISITIONCompany Stage
Food & Agriculture, Robotics & Automation, AI & Machine LearningIndustries
201-500Employees
Benefits
Paid Time Off
Sick Leave
Paid Parental Leave
Adoption Benefit
Subsidized Lunches
Flexible Work Hours
Collaborative and Supportive Environment
Medical Package
Risks
Competition from Ecorobotix and Naio Technologies may impact market share.
Shift towards genetically engineered crops could reduce demand for traditional weeding.
Legal acceptance of gene-editing may outpace current technological offerings.
Differentiation
Blue River Technology uses see and spray technology to optimize chemical usage.
Their systems leverage computer vision and machine learning for plant recognition.
They focus on reducing environmental impact through intelligent agricultural machinery.
Upsides
CRISPR technology integration could enhance robotic systems for precise crop management.
De novo domestication offers market expansion opportunities for new crop types.
Rising demand for reduced chemical usage aligns with their see and spray technology.
Funding
Total raised$29.28 M
Latest valuation$305.00 M
StageACQUISITION
ACQUISITION
12/31/2016$305
$305.00 MSERIES B
11/30/2015$17
$90.00 MSERIES A
2/28/2014$10
$40.00 MN/A