{"id":100883,"date":"2021-04-27T14:29:19","date_gmt":"2021-04-27T06:29:19","guid":{"rendered":"https:\/\/www.mediaintel.asia\/?p=353336"},"modified":"2021-04-27T14:29:19","modified_gmt":"2021-04-27T06:29:19","slug":"temasek-co-leads-us30m-series-c-round-of-chinese-agri-drone-startup-eavision","status":"publish","type":"post","link":"https:\/\/www.chinalegalblog.com\/en\/2021\/04\/27\/temasek-co-leads-us30m-series-c-round-of-chinese-agri-drone-startup-eavision\/","title":{"rendered":"Temasek co-leads US$30M Series C round of Chinese agri drone startup EAVision"},"content":{"rendered":"
\"MediaIntel.Asia\"<\/a><\/div>\n

Find the original article here . Or, read more from the original publisher: EAVision drone
\nTemasek Holdings has co-led the US$30 million Series C funding round of EAVision Technologies, a Chinese agricultural drone company.
\nChinese state-sponsored fund CITIC and local agrifood tech VC firm Bits x Bites are the other co-lead investors in the round.
\nBASF, Continental Grain Company, Pagoda, Suzhou Oriza Holdings, Zhidao Capital, Songshan Capital, and Yongxin Oriental, also participated.
\nWith the new funding, EAVision aims to enhance its R&D and accelerate its market expansion globally.
\nIn China, mountainous farming accounts for more than 34 per cent of its cultivated land however these terrains are extremely risky for farmers to farm in.
\nLaunched in 2015, EAVision makes it possible for these agricultural sectors to profit despite the demanding geographical constraints with the help of its stereo vision sensors and algorithms which enable it to navigate challenging terrains.
\nAlso Read: Green for good: 9 agritech startups in Southeast Asia fighting deforestation
\nWhen flying over hilly areas, the company claims to provide exceptional stability.
\nIn mixed tree-crop vegetations with complicated gradients, its object detection feature allows for safe navigation. These are coupled with its patented mist sprinkler that allows the vehicles to get as close as one meter from the crown of the vegetation to enable targeted input application.
\nThis precision reduces off-target drifting into the environment and improves producer wellbeing.
\nIts technology is developed by a team of expert engineers in Computer Vision, including former chiefs in auto-piloting control and safety at Tesla and image detection system designers for the Chinese national railway information systems.
\n\u201cUAVs are uniquely suited for China as its geographical characteristics make fixed-wing aircraft or similarly large land-based machinery popular in the west less relevant. This lends an opportunity for technological innovators like EAVision to cater solutions for these farmers to grow more with less, safely, and cost-effectively. We are excited to work with the team to bring these benefits to growers across China and beyond,\u201d said Joseph Zhou, managing partner of Bits x Bites.
\nTemasek invests mostly in companies that operate in larger sectors like telecom, energy, and finance. It recently made a major investment of US$120 million in Indian edutech startup UpGrad .
\n\u2014
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\nImage Credit: EAVision<\/p>\n

This data comes from MediaIntel.Asia's Media Intelligence and Media Monitoring Platform<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Find the original article here . Or, read more from the original publisher: EAVision drone
\nTemasek Holdings has co-led the US$30 million Series C funding round of EAVision Technologies, a Chinese agricultural drone company.
\nChinese state-sponsored fun…<\/p>\n","protected":false},"author":253,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[934,144,671,477,194,465,365,1542,1623],"tags":[6518,6601,3472,1804,6389,7010,1845,3450,10409,4491,6944],"class_list":["post-100883","post","type-post","status-publish","format-standard","hentry","category-agriculture","category-china","category-finance","category-investment","category-news-chinese-law","category-social-media","category-suzhou","category-technology","category-venture-capital","tag-aviation","tag-china-technology","tag-chinese","tag-computer","tag-electric-vehicle","tag-expansion","tag-facebook","tag-indian","tag-railroad","tag-temasek","tag-tesla"],"_links":{"self":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/100883"}],"collection":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/users\/253"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/comments?post=100883"}],"version-history":[{"count":1,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/100883\/revisions"}],"predecessor-version":[{"id":100884,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/100883\/revisions\/100884"}],"wp:attachment":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/media?parent=100883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/categories?post=100883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/tags?post=100883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}