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Khosla Ventures and Monsanto Growth Ventures (MGV) are the most recent investors. The Future of Humanity’s Food Supply Is in the Hands of AI. Otherwise, it will be difficult for revenues to be less than total costs.”. ... Brown focused on modernizing the office with new technology. “Growth rates of fertilizer, pesticide, and seed costs have been higher in years following 2006 than they were between 1990 and 2006. "Peter Thiel of Founders Fund famously commented about a perceived lack of real innovation in VC investing and startups with the following quip: 'We wanted flying cars, instead we got 140 characters. [Blue River's] smart machines are able to sense each individual plant, instantly determine everything about its health, structure and needs, and precisely apply the right amount of care...", This Smart Machine is Leading the Way to the Future of Agriculture. Blue River Technology, a subsidiary of farming equipment maker John Deere, has started putting deep machine learning and to use for farmers to … Blue River was selected for the potential our technology has to revolutionize the food industry and provide investors with financial returns. Robots are the answer. “Blue River has taken huge strides towards reinventing food production in a world of growing populations and scarce resources,” said Jorge Heraud, co-founder and CEO of Blue River Technology. The mission of the SDVoE Alliance is to promote and accelerate the Pro AV industry’s transition to Ethernet as the primary infrastructure for delivering audio and video signals, and replace the venerable matrix switch with Software Defined Video over Ethernet (SDVoE™) network architectures and solutions. One of its models is called LettuceBot, and it can reduce herbicide use by a factor of 10. RESOURCE, July/August 2017. Blue River Technology was recognized for our groundbreaking ideas, specifically for building smart farming machines that massively reduce the amount of chemicals required to grow food, and our ambitious plans for bringing them to market. And one, developed by a Silicon Valley start-up Blue River Technology, seems to be the most promising. Find the latest BLUE RIVER RESOURC (BRVRF) stock quote, history, news and other vital information to help you with your stock trading and investing. Now, Facebook is getting into the farming game. Why John Deere Just Spent $305 Million on a Lettuce-Farming Robot. Artificial intelligence allows farmers to spray weeds while keeping the crop untouched. Founded in 2011 by two Stanford University Alumni, Blue River Technology is bringing crop protection into the digital era with See & Spray machines that precisely observe and treat each plant in a field. “It’s a new era in agriculture. Blue River's LettuceBot received a 2017 AE50 Award from the American Society of Agricultural and Biological Engineers, and the See & Spray technology was featured in their latest RESOURCE journal . John Deere, the farm equipment company that’s been chasing autonomous technology for more than 20 years, has agreed to buy Blue River Technology, a startup that uses AI to automatically identify and spray herbicide on weeds. John Deere Is Paying $305 Million for This Silicon Valley Company. Use the PitchBook Platform to explore the full profile. Another bonus of the Blue River technology: this new system reduces herbicide usage by around 90%. Blue River has also been testing the next iteration of their weed sniping software. The secretary of state is next in the order of succession to the governor. Company profile page for Blue River Information Technology LLC including stock price, company news, press releases, executives, board members, and contact information © 2021 Forbes Media LLC. In 2015, the sum of fertilizer, pesticide, and seed costs were 48% of crop revenue, much higher than the 36% average from 1990 to 2006. ', We'd humbly disagree with Thiel's assertion.". As it is pulled through the fields, the cameras analyze each frame and produce a pixel-accurate map of where the crops and weeds are. The "AI 100" is a group of emerging private companies working on ground breaking artificial intelligence technology. Blue River Technology raises $17 million in Series B funding. The acquisition of a computer vision startup speeds the company’s goal of helping farmers grow enough food for an exploding global population. These costs need to decrease, particularly if corn prices remain below $4.00. The weed-controlled device works by integrating cameras, computer vision, machine learning and robotics to make an intelligent sprayer which drives through fields to target and spray weeds, leaving the crops intact, working essentially the same way facial recognition technology operates. Blue River Technologies is located in East Central Indiana, specializing in servicing small to medium size municipal and industrial waste treatment plants, agricultural dewatering, private and municipal lagoon cleanout and dewatering. In 2018, Swiss company EcoRobotix released a solar-powered robot which could work for up to 12 hours detecting and destroying weeds. Community-created profile of Blue River Technology in Sunnyvale, CA including executive profiles, news and insights, videos and contact information. Blue River's See & Spray was recognized as the #1 most intriguing technology currently being deployed in agriculture. "The old-school approach is to drench an entire field in weed-killing chemicals, but Blue River combines computer vision and sophisticated machine learning algorithms to spray selectively. Their primary product, See & Spray, uses computer vision, machine learning, and advanced robotic technology to distinguish between crops and weeds — and then spraying only the weeds. Congratulations to Blue River Technology co-founders Jorge Heraud and … Its LettuceBot looks like your typical tractor, but in fact it’s a machine-learning-powered … machine. I am also a regular writer for Farm World News and ZMEScience. It isn’t the first time that AI has been involved in the weed-control business. Breaking Blue River Technology news, analysis and opinion, tailored for Australian CIOs, IT managers and IT professionals. So Tanimura & Antle is trying out automated lettuce thinning machines in some of its fields. Artificial intelligence co-maintained by the company, Pytorch, is being put to use by Blue River Technology — a subsidiary of John Deere — to improve weed control and bring down the costs of herbicide use. The new system will target and destroy unwanted plant life with a spray of herbicide that affects an area less than 1″x 1″. We're introducing See & Spray technology, enabling a world in which every plant counts. We have been awarded Phase 1, 2 and 2B grants for research in the application of computer vision to agriculture. Also in 2018, the Danish company Agrinavia began developing a system called RoboWeedMaPS that would also automatically recognize and detects weeds in the field. A University of Kentucky College of Agriculture graduate, I've spilled my share of. View Blue River Technology (bluerivertechnology.com) location in California, United States , revenue, industry and description. Blue River OR Local News. (Blue River Technology) The system – which connects to the back of a tractor – is also equipped with AI to identify and chemically kill only the weeds. The technology concept enabling facial recognition on Facebook is ready for plant recognition in order to spray weeds on a dime, all in one real-time pass. Blue River Technology acquired by John Deere, Read the press release or view our infographic, Request a demo of our See & Spray weed control machine, Join our team shaping the future of agriculture, What the press is saying about about Blue River & John Deere, John Deere spent $300 million on a company that murders weeds with AI. When Governor John Kitzhaber resigned in February 2015, amid a public corruptions scandal, Brown was sworn in. Companies are using it to improve video conferencing quality and even help thin fields of lettuce.". "While the developing world is hungry for agricultural knowledge, the developed world is drowning in pesticides and herbicides. "What if an army of herbicide snipers in a sprayer shot weeds, but never hit crops? (Blue River Technology shows how) PyTorch-enabled deep learning technology powers agricultural robots that make real-time decisions in the field; analyze images of crops in a matter of milliseconds; and support the building of ‘weed detection models’ for more efficient farming.”. ", Top 10 Most Intriguing Technologies in Agriculture. The program PyTorch is an open source deep learning framework which enables developers and researchers to perform research and seamlessly deploy in production. You can find me on Twitter at @jordans1981. Blue River Technology, the Californian startup that is using robots to weed, thin and spray vegetable fields, has raised $17 million in a competitive Series B funding round.. Pontifax Global Food and Agriculture Technology Fund led the round and was joined by two agribusiness corporate venture arms Syngenta Ventures and Monsanto Growth Ventures. By continuing we assume you accept the use of cookies. Opinions expressed by Forbes Contributors are their own. Find related and similar companies as … If you are a weed, we have some somber news. Blue River Technology is recognized as a game changing startup applying Computer Vision to improve the world. Blue River Technology Machinery Sunnyvale, California 7,262 followers Our mission is to create intelligent machinery that solves monumental challenges for our customers. For one thing, he says the ongoing labor shortage means there are not enough people to do this kind of work. Company profile page for Blue River Technology Inc including stock price, company news, press releases, executives, board members, and contact information Semtech's award-winning BlueRiver platform enables Pro AV equipment manufacturers to create complete SDVoE™-compatible product lines. I'm a freelance writer who has been involved in the agriculture industry my whole life. “This, paired with variability inherent in farming, like changing weather conditions, and threats like weeds and pests, impact a farmer’s ability to produce food. One of the largest roadblocks is herbicides. In the US each year, farmers use 310 million pounds of herbicide—on just corn, soy, and cotton fields. Information on acquisition, funding, cap tables, investors, and executives for Blue River Technology. ", Using robots to bring back the ‘magic’ of farms. Release Summary. September 18, 2018. Through the TERRA program, Blue River Technology is exploring the application of drone-based imaging sensors to characterize plant traits that assist in breeding. Eric Schmidt's Innovation Endeavors joined the round as a new investor, and existing investor Khosla Ventures also participated. Blue River Technology in the news. Blue River Technology News and Updates. We can provide you with economical solutions for dewatering and flocculation equipment and supplies. The ag giant is buying Blue River Technology for its machine learning-powered crop sprayers. The Blue River see and spray machine uses computer vision for weeding. Blue River Technology is building the next generation of smart agriculture equipment. You may opt-out by. I grew up in southern Kentucky and now reside in Lexington. A company called Blue River Technology may have hit upon solution, at least as far as lettuce is concerned. Facebook AI researcher, Soumith Chintala, was a co-creator of the platform, and while it remains an open-source framework with a number of developers and researchers contributing to its growth, Facebook has said they will be dedicated resources to be a core maintainer of the platform. Winner of the 2013 SXSW Eco startup showcase event in the Greentech category. This information will be valuable in the long term, as we can use it to prepare different mixtures of herbicides, which can then be carried on board the machines in order to deliver more specific treatments to each type of weed", Lettuce-Weeding Robots, Coming Soon to a Farm Near You​. We use cookies to ensure a smooth browsing experience. See & Spray machines leverage deep learning to enable our machines to identify a greater variety of plants—both crops & weeds—with better accuracy, and then make crop management decisions on the spot. How John Deere’s New AI Lab Is Designing Farm Equipment For A More Sustainable Future. ", Nvidia's Latest AI Module Can Fix Video Conferencing and Lettuce, "The Jetson TX2 is the latest all-in-one computing module for processing artificial intelligence in the field instead of the cloud. Blue River Technology is funded by 9 investors. Simply, the tractor never stops rolling. Blue River's LettuceBot received a 2017 AE50 Award from the American Society of Agricultural and Biological Engineers, and the See & Spray technology was featured in their latest RESOURCE journal, Imaging & Machine Vision Europe, June 2017, "We are starting to do more to distinguish the different classes of weeds. It’s the spray-and-pray approach, not so much sniping as carpet bombing. Blue River Technology was selected from over 1,600 entries for our team and technology that is successfully using AI to solve big challenges. I'm a freelance writer who has been involved in the agriculture industry my whole life. From automated planting and harvesting to unmanned vehicles for cultivation and soil sampling, AI has begun to make it more cost efficient for producers to do their job. My hobbies include writing, reading and drinking coffee. We’ve had advances in mechanical, chemical and trait fields, and … Blue River Technology is a pioneer in the use of computer vision and robotics for agriculture. VB Profiles is the definitive source of curated information on millions of companies, people and industries." Blue River Technology With crop prices in the dumpster and the world’s population growing among a changing climate, artificial intelligence is becoming a life-saving measure for many farmers. Blue River Tech was selected from a record number of 9,900 distinct companies from 77 countries. Look out weeds. Blue River Technology is proud to receive the support and funding of the US National Science Foundation through the SBIR program. Their latest funding was raised on Dec 16, 2015 from a Series B round. Building smart farm machines to manage crops at a plant-level. Once the plants are all identified, each weed and crop is mapped to field locations, while the robot sprays only the weeds. Blue River Technology's See & Spray machine equips farmers to apply herbicide only to weeds, using less than 1/10th the herbicide of typical weed control. Featuring companies that are best positioned to solve tomorrow’s clean technology challenges, the Global Cleantech 100 is a comprehensive list of private companies with the highest potential to make significant market impact within a 5-10 year timeframe. Mission & Members. "Our current methods of agriculture are not sustainable – our tools are becoming less effective, we’re damaging the ecosystems we rely on for food and we’re putting human health at risk. Tractor giant John Deere just spent $305 million to acquire a startup that makes robots capable of identifying unwanted plants, and shooting them with deadly, high-precision squirts of herbicide. Community-created profile of Blue River Technology in Sunnyvale, CA including executive profiles, news and insights, videos and contact information. The plan is to release it next year. Check out our winning pitch here. Blue River, WI January 7: Weekly Driftless Region COVID-19 update DRIFTLESS - Over the past week COVID-19, diagnoses statewide increased from 472,153 … According to Blue River Technology, it would save up to 90% of what is currently used for herbicides. With crop prices in the dumpster and the world’s population growing among a changing climate, artificial intelligence is becoming a life-saving measure for many farmers. Blue River focuses on applying machine learning, robotics, and computer vision technology to agricultural equipment that will in turn help farmers in making better decisions. Blue River Technology was selected as among the most innovative companies in the field of robotics. Top VCs back first company to deliver robots for sustainable agriculture that dramatically reduce chemical usage. AgFunder's inaugural Innovation awards recognize the agtech startups that are driving the industry forward and are the most innovative. America's Top Givers: The 25 Most Philanthropic Billionaires, EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, KIND Snacks Founder Daniel Lubetzky Announces Investment In Protein Chips Company Quevos On Shark Tank, Explore The ‘Tension And Zip’ Of Sonoma County Sparkling Wine, For The First Time Ever, New York Restaurant Week Will Be Takeout-Only Amid Pandemic Crisis, A Tahini Entrepreneur Stirs Her Way Through The Pandemic, How Babe Wine And ‘The Fat Jewish’ Built A Canned Wine Empire From Monster Trucks And Mega-Models, How Pampered Chef Revolutionized Home Cooking, Hemp Industry Gets Lift From New USDA Rule, Founders Brewing Sponsors Philadelphia 76ers From 700 Miles Away, According to a 2016 University of Illinois study. “Farmers today face a huge challenge — feeding a growing global population with less available land,” said Alexandru Voica, Technology Communications Manager for Facebook in an email. Blue River Technology has raised a total of $30.3M in funding over 4 rounds. Blue River Technology, a pioneer in the use of computer vision and robotics for agriculture, today announced it has raised $10 million in Series A-1 funding led by Data Collective Venture Capital. Chiefs for two First Nations in B.C. Blue River Technology was recognized for the potential impact of our innovation by a panel of technology investors. The Next Generation of Weed Control. Today, the best practice is to … All Rights Reserved, This is a BETA experience. Blue River Tech's LettuceBot was recognized as among the most innovative designs in engineering products for agriculture. In 2011, Blue River Technology founders Jorge Heraud and Lee Redden—both graduate students at Stanford—set off on a mission to “make farming more sustainable through robotics and … Deere & Company has signed a definitive agreement to acquire Blue River Technology, which is based in Sunnyvale, California and is a leader in applying machine learning to agriculture. "... Technology is the future. The Fast Company reporting team sifts through thousands of enterprises each year, searching for those that tap both heartstrings and purse strings and use the engine of commerce to make a difference in the world. The World Economic Forum selected Blue River Technology as a Tech Pioneer based on our innovation, potential impact, and leadership. Impact is among our key criteria. Topio Networks is the definitive source of curated information on millions of companies, people and industries." I cover every spectrum of agriculture, from large operations to small. Agricultural Software 2018 Global Market Key Players – Solum, Blue River Technology, Farmeron, Edyn, Climate Corp – Analysis and Forecast to 2025. The Global Cleantech 100 represents the most innovative and promising ideas impacting the future of a wide-range of industries. It’s called a LettuceBot, and it makes the decisions about which plants will go and which will stay...", Check out our latest updates on Twitter (@BlueRiverTech) and LinkedIn. As a result, farmers save money, with the side benefit of reducing the amount of herbicide that leaks into the environment. A University of Kentucky College of Agriculture graduate, I've spilled my share of sweat in the fields and working livestock, mostly cattle and horses. The Environment Agency says it does not know what changed the colour of the River ... A tributary of a river in Somerset has been turned bright blue by a ... Burnham and Highbridge Weekly News. See & Spray is the next generation of Blue River's technology. The company says the robot uses 20 times less herbicide than traditional methods. According to a 2016 University of Illinois study, the chemical prices are on the rise and pose a big threat to a farmer’s bottom line. The program was shown thousands of pictures of weeds until it was able to recognize the difference between the weeds and crops. American Society of Agricultural and Biological Engineers (ASABE). Jeremy Hawkins with Blue River Technology explains the company’s See & Spray Technology uses artificial intelligence to identify and spray individual plants in milliseconds. 's central Interior are calling for members of a two-year-old pipeline protest to leave, citing threats and violation of local Indigenous laws and customs. AI software allows sprayers to recognize the difference between the crop (green) and weeds (red). My agriculture writing has also appeared in Acres U.S.A. and Army Magazine. Assist in breeding using it to improve the world a weed, we been! 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