Autonomous Tractors Are Transforming the Agriculture Industry

The global agricultural industry is currently experiencing its biggest disruption yet, as farmers continue to see the benefits of smart farming and technology to increase crop yields, lower labor costs, and accompany the world’s growing demand for food.

“Farming is an industry that has seen little progress since the advent of the tractor, and it’s time for farmers to enjoy the same advancements in technology as others,” said Daniel Aronovitz, Vice President at Insight Partners.

For this reason and others, the leading global private equity and venture capital firm recently led a $37 million Series B round in an Israeli robot-as-a-service firm that is revolutionizing the farming world by transforming one of its oldest resources — a tractor — into an autonomous vehicle.

Source: nocamels.