
BPI France, Pymwymic et al. back Naïo Technologies
BPI France has led a €14m round for France-based Naïo Technologies, a robot designer and manufacturer for the agri-food and wine sectors.
Also participating in the round were Netherlands-based Impact investor Pymwymic and existing France-based shareholders Demeter and Capagro. The startup first raised a €3m round in 2015.
This new investment round will enable Naïo to prepare its robots for mass production, according to a statement.
Company
Founded in 2011 and based in Escalquens, the business manufactures and markets weeding robots that assist farmers in their daily work, reduce the physical workload and limit the use of chemical weedkillers. Nearly 150 robots are already deployed at farms and vineyards both in Europe and in the US.
People
Naïo Technologies – Aymeric Barthes (CEO, co-founder); Gaëtan Séverac (co-founder).
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