TartanSense, an India-based AI-driven robotics startup offering effective solutions to the small farming communities to lower their input expenses, has secured US$ 5 million in a Series A funding round co-led by FMC Ventures and Omnivore on 25 August 2021.
Investors: The latest investment round features FMC Ventures and Omnivore as the lead investor with participation from Blume Ventures. The startup has managed to raise, in total, US$ 7 million to date.
Purpose of the funding: The firm intends to deploy the proceeds from the funding round towards expanding its business growth.
About TartanSense
Brought to existence in 2015 by Jaisimha Rao, TartanSense creates small agritech robots fitted with AI-enabled computer systems with the primary motive to aid small farming communities to control their expenses and increase revenue. It delivers accurate and cost-effective offerings, using its innovative tech, to solve challenges faced during some vital farming exercises such as sowing, spraying, weeding, and harvesting. This not only helps to cut down harvesting costs but also enhances agriculture productivity. The startup has strong faith in the efficacy of its new robot, called BladeRunner. It deems it as the agricultural product of tomorrow. Its latest product is an amalgamation of machine learning software and low-cost apparatus. It seeks to enable farmers to advance from farm-level to plant-level decision making.
What the Founder has to say: “We envision increasing the wealth of smallholder farmers through providing monetizable robots. We believe that our firm will possess the largest stock of agritech robots in the coming one and a half years. We are elated to get financial support from investors such as FMC Ventures, Omnivore, and Blume Ventures who have joined us in our endeavour to bolster farmers.”- Jaisimha Rao, Founder of TartanSense.
What the Investors have to say: “TartanSense has emerged as the first startup to specialize in ground-based accurate spraying in India. Prioritizing the growers’ interest, it has built an innovative, affordable and infallible product, and we are looking forward to our collaboration with TartanSense.”- Amar Singh, Managing Director at FMC Ventures. “The leadership team of TartanSense, along with all the employees, have shown extreme perseverance in creating an effective solution to solve large-scale agriculture challenges confronted by farmers since our acquaintance with them three years ago. We are delighted to join hands with the firm. It formulates a strong AI-driven robot suitable for Indian agriculture. The way we see it, TartanSense, in time, will cater to corporations spread across different geographies and will become a standard solution for firms in the agriculture domain.”- Karthik B Reddy, Managing Partner at Blume Ventures.
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