Overview
Eternal.ag, a startup focused on autonomous harvesting robots for greenhouses, has raised €8 million in funding from investors including Simon Capital and Oyster Bay Venture Capital. The company addresses the critical labor shortages in greenhouse farming, which have decreased by 30% in Europe since 2010. Their first product, Harvester, operates up to 22 hours a day and is designed to automate harvesting tasks, ensuring consistent operations even amid labor challenges. The funding will accelerate product development and expand commercial deployments across Europe.
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Investors: Simon Capital, Oyster Bay Venture Capital
Eternal.ag, a startup focused on autonomous harvesting robots for greenhouses, has raised €8 million in funding from investors including Simon Capital and Oyster Bay Venture Capital. The company addresses the critical labor shortages in greenhouse farming, which have decreased by 30% in Europe since 2010. Their first product, Harvester, operates up to 22 hours a day and is designed to automate harvesting tasks, ensuring consistent operations even amid labor challenges. The funding will accelerate product development and expand commercial deployments across Europe.