The drone-based crop analysis system developer secured $10.5m in a round led by Leaps by Bayer that also featured Cavallo Ventures and FMC Ventures.

Chemical and pharmaceutical producer Bayer led a $10.5m series A round for US-based crop protection technology developer Guardian Agriculture yesterday through corporate venture capital vehicle Leaps by Bayer.

Agribusiness Wilbur-Ellis and chemical provider FMC Corporation also took part in the round, through Cavallo Ventures and FMC Ventures respectively, while the Massachusetts Institute of Technology-affiliated E14 Fund, Fall Line Capital, Pillar VC and Neoteny also invested.

Guardian Agriculture has developed electric vertical take-off and landing aircraft that analyse data from the…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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