May 23, 2022

Here’s an alarming situation: About 30% of bee colonies disappear every year. Scientists have coined the phrase “colony collapse disorder” (CCD) to describe a devastating trend in the world’s bee populations. No problems have been identified, but experts have linked the phenomenon to a number of culprits, many of which are man-made, including things like habitat destruction and pesticides.

The question arises – as often happens – whether people can help revive the bee population. Beewise was founded in 2018 and offers robotics. An Israeli startup has created a box designed to stand outside and serve as a kind of automated apiary. The solar-powered barn monitors the hive and provides climate control and automatic harvesting. It is designed to address monitoring issues, including pet intrusion, as well as regulating indoor conditions to prevent crowds between tenants.

image credit: bee

Beewise is currently offering this product to farmers for a monthly fee of $400 (plus an initial $2,000 supply/installation fee). Including 24 colonies and ongoing maintenance. In turn, the technology promises benefits such as increased bee productivity and pollination of nearby plants, as well as, hopefully, net benefits for competing bee populations.

This week, the company announced an $80 million Series C led by Insight Partners, which includes Fortissimo Capital, Corner Ventures, Menora Mivtachim, lool Ventures, Aooro Fund, and Meitav Dash Investments. AgTech Company’s total funding in the latest round exceeded $120 million.

CEO Sar Safra said in a statement: “Our BeeWise team is delighted to receive the support of our incredible roster of investors for our Series C, demonstrating our dedication, tenacity and commitment to saving bees and reversing the trend of bee colony destruction. passion.” “Thousands of orders have been placed in the US in recent months, and with this funding, BeWise will be able to meet incredible market demand by increasing production, developing additional product iterations, and further improving pollination.”

image credit: bee

In addition to the financial news, the company also showed off a new version of its behome system. The body is 32% smaller and 20% lighter than its predecessor, with faster cleaning times and an improved feed and heating system.

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