Precision AI
1965 Broad St. Unit 200, Regina, SK, S4P 1Y1, Canada
Overview
Precision AI develops drone-based computer vision and robotics to provide fully autonomous spraying and crop protection solutions for small to large farms and machinery manufacturers. Its platform deploys swarms of AI-driven drones that apply herbicide only to individual weeds, aiming to optimize every square inch of farmland on a per-plant basis. The company says the approach can reduce pesticide use by up to 95% while maintaining crop yields and save farmers up to $52 per acre per growing season. Precision AI positions its technology as lower-cost and scalable to large-acreage row crops versus competitors focused on high-value, low-acreage crops. Future plans include deploying hives of intelligent drones to automate crop protection throughout the growing season and integrating supply-chain traceability and proof of sustainable farming practices. Founded in 2018 and based in Regina, SK, the company recently closed a financing round to advance its platform.
- Total raised
- $20M
- Funding rounds
- 2
- Latest round
- Seed
- Latest activity
- May 2021
Industries
- Aerospace
- Agriculture
- AgTech
- Artificial Intelligence (AI)
- Drones
Recent funding
Seed
May 2021
$20M