HarvestX

HarvestX

A robot and data solution that automates plant management, pollination and harvesting in the strawberry production process at a plant factory. Learn more

Launch date
Market cap
-
Enterprise valuation
CAD17—26m (Dealroom.co estimates Mar 2024.)
Tokyo Japan (HQ)
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DateInvestorsAmountRound

N/A

Spinout

JPY50.0m

Late VC
N/A

JPY150m

Late VC
*

JPY410m

Series A
Total FundingCAD6.4m

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HarvestX is a pioneering company focused on developing sustainable agriculture solutions through the integration of computational science and robotic technology. The company primarily serves the agricultural sector, specifically targeting indoor vertical farms that produce fruits such as strawberries. HarvestX operates in the agri-tech market, which combines agriculture with advanced technology to improve efficiency and sustainability.

The core business model of HarvestX revolves around the development and deployment of automated systems for pollination and harvesting. By leveraging advanced detection algorithms, the company offers robotic solutions that ensure accurate flower orientation detection for pollination and fruit maturity classification for yield prediction. This technology addresses the inefficiencies and hygiene issues associated with traditional pollination methods involving bees or human labor.

HarvestX generates revenue through the sale and implementation of its robotic pollination and harvesting systems. The company also engages in strategic partnerships and collaborations, such as its partnership with the National Institute of Technology, Tokuyama College, and participation in programs like Microsoft for Startups and NVIDIA Inception Program. These collaborations help HarvestX to innovate and expand its market reach.

Keywords: sustainable agriculture, computational science, robotic technology, automated pollination, harvesting, indoor vertical farms, detection algorithms, yield prediction, agri-tech, strategic partnerships.