Norway's Kilter Secures €6.5 Million to Scale Autonomous Precision Weeding Technology; Prepares for Series B

Farming has always been a labor-intensive industry, with farmers spending countless hours in the fields tending to their crops. However, with the rise of labor shortages, increasing input costs, and stricter regulations on chemical usage, the traditional farming model is no longer sustainable. In response to these challenges, Norwegian AgTech startup Kilter has developed a revolutionary solution that combines robotics, AI, and precision spraying technology to enable more sustainable and efficient field operations.

In their latest funding round, Kilter has secured €6.5 million in new financing and a strategic investment from Kubota Corporation, a leading agricultural machinery manufacturer with a global presence. The majority of the funding comes from Kilter's existing shareholders, with additional support from SBG Invest, Pymwymic, Nufarm, Halden Pensjonskasse, ProAgInvest, and Natural Ventures.

This significant investment not only provides Kilter with the capital needed to scale their operations but also highlights the confidence and long-term support from their shareholders. With the inclusion of Kubota as a strategic partner, Kilter is well-positioned for their upcoming Series B financing round.

Founded in 2015 as a robotics project within Adigo Mechatronics, Kilter spun out as an independent company in 2020. The company's goal is to address the challenges faced by farmers and accelerate the transition to a sustainable food system. By developing autonomous weeding robots, Kilter aims to improve farming practices and reduce the reliance on harmful chemicals.

Kilter's flagship system, AX-1, is designed for selective application in row and bed-based crops, allowing farmers to reduce pesticide usage while maintaining crop yield, health, and operational efficiency. The robot uses advanced imaging technology, AI, and patented droplet technology to target weeds with incredible accuracy of 6x6mm. This precision targeting results in up to 95% reduction in pesticide use, with no compromise on crop yield.

The partnership with Kubota goes beyond just financial backing, as it brings industrial expertise, market insight, and global distribution experience to the table. This collaboration will further strengthen Kilter's ability to scale internationally and make a significant impact on the farming industry.

Since its commercial launch in 2021, Kilter has been serving customers across Northern Europe and is continuously expanding into new markets. Growers in Norway, Sweden, Germany, and the Netherlands are already using AX-1 in various crops such as carrots, onions, salad, and beets, with exceptional results.

Key Takeaways:

• Norwegian AgTech startup Kilter has secured €6.5 million in new financing and a strategic investment from Kubota Corporation.
• The majority of the funding comes from Kilter's existing shareholders, with additional support from other investors.
• The partnership with Kubota brings industrial expertise, market insight, and global distribution experience to Kilter.
• Kilter's flagship system, AX-1, uses robotics, AI, and patented droplet technology to target weeds with incredible accuracy and reduce pesticide usage by up to 95%.
• The company is currently serving customers across Northern Europe and expanding into new markets, with exceptional results.

Source: Norway's Kilter Secures €6.5 Million to Scale Autonomous Precision Weeding Technology; Prepares for Series B