What does Beewise do?
Beewise is a San Ramon-based climate tech company that develops innovative AI-powered solutions, including its flagship BeeHome robotic beehive, designed to monitor and maintain healthy bee colonies for enhanced pollination services.
How much did they raise?
The company secured $50M in Series D funding, led by Fortissimo Capital and Insight Partners, with participation from APG Asset Management, Lool Ventures, Badiya Capital, Marav Mazon Group, and Austin Hearst. This round brings Beewise's total funding to nearly $170M.
What are their plans for the money?
With the new capital, Beewise plans to accelerate technological innovation, expand its market presence, and intensify research into climate adaptation solutions. The investment is expected to further improve remote monitoring and treatment of bee colonies, which could lead to healthier bees and increased crop yields.
What have they achieved so far?
Beewise has already made significant progress with the development of its BeeHome, an AI-powered robotic beehive that has enhanced crop yields and contributed to improved bee colony health, addressing the urgent need to mitigate bee population declines.
