Future Acres and Carry, the AI Robot
Carry is the new AI robot created by Future Acres. The robot relies on AI to transport hand-picked crops from certain areas of farms to other designated locations, working alongside humans. The launch of this new AI robot from the startup company comes during a time when health concerns and labor issues are obstacles that have to be overcome due to the COVID-19 pandemic.
In an interview with TechCrunch, CEO of the startup company Suma Reddy said, “We see Carry as a kind of harvesting sidekick for workers. It’s an autonomous harvesting companion.”
The AI robot is battery-operated, can last from 7 to 10 hours, and travel from 6 to 10 miles. Additionally, the AI robot can carry up to 500 pounds of crops and can increase production efficiency up to 80%. The AI technology allows Carry to avoid any obstacles like fences, people, and trees that may prohibit it.
The AI robot costs between $10,000 and $15,000 for the agtech business to produce.
About the Agtech Business and Industry
Future Acres is an agtech startup company with the mission of creating innovative technology to improve farming conditions. The ultimate goal of the agtech business is to optimize workforce efficiency and safety through affordable technological solutions.
Since the startup company is so new, there is little information available regarding net worth. However, the agtech business just launched an equity crowdfunding campaign with the goal of raising $3 million — a $7 million valuation. The lead investor in the agtech business is Wavemaker, a venture capital firm. The funding from Future Acres’s campaign will go toward further development on Carry, the AI robot created by the business.
According to the startup company, to feed 10 billion by 2050, farmers will have to increase production by 70%. In addition, the Natural Resources Defense Council (NRDC) reports that the farming methods of today can lead to soil depletion, soil infertility, soil erosion, water pollution, loss of biodiversity, increased greenhouse gas emissions, and potential pesticide toxicity. Furthermore, NPR wrote that 50% of the world’s vegetated land is dedicated to agriculture, and about 30% of cropland is used to grow grain for animal feed.
Future Acres is in an industry that could benefit from innovation for the sake of the environment and the people working on farms who are at risk of potential work hazards. With farms growing rapidly, the agtech startup business aims at increasing farm productivity and impacting the industry in a positive way.
About the Author
McKenzie Carpenter is a graduate of Central Michigan University with a B.A.A. in Integrative Public Relations and French. McKenzie has previously worked for small businesses and nonprofit organizations.