French energy giant EDF have made an investment in agRE.tech, a pioneering startup in the Agrivoltaic sector
The company has completed a pre-seed fundraising round, securing approximately $2 million USD for the development of an advanced robotic operating system tailored for agrovoltaic fields.
The start-up agRE.tech is pioneering the development of advanced robotics technology and artificial intelligence for use in agriculture and climate management. This innovative approach addresses manpower challenges in agriculture, increases productivity, and supports the global goals of large-scale green energy such as solar energy production within the same agricultural areas.
This fundraising round saw notable contributions from key players in the economy, including Zemach Mifalim (Zemach Regional Industries) and EDF. Zemach Mifalim, a co-initiator of agRE.tech, leads the way through the “Kinneret Innovation Center,” specializing in climate and agriculture.
EDF, the French Energy giant, brings its international expertise in energy to the project, furthering the vision of leveraging agricultural spaces for green energy production.
Over the past year, agRE.tech has been dedicated to developing an advanced robotic operating system tailored for agrivoltaic areas. This system, integrated into existing photovoltaic infrastructure, utilizes artificial intelligence to execute complex agricultural tasks autonomously, such as selective spraying, pruning, and harvesting. Additionally, it oversees the control and maintenance operations of the solar fields.
CEO and co-founder Elad Levy brings a wealth of experience in robotics, having previously served as Founder & CEO of Roboteam, a company with thousands of robotic systems deployed worldwide. Elad leads the team alongside Yaniv Marmur, a seasoned expert in multidisciplinary systems engineering, serving as CTO. The company has filed several patents in the field and has already established a development field above a vineyard where its robotic operating system is operational.
The Agrivoltaics market, which combines solar energy production with agriculture, presents a $4 billion opportunity. agRE.tech is poised to accelerate and expand this market to tens of billions of dollars with its groundbreaking technology.
agRE.tech is currently in the advanced stages of establishing the first commercial fields with integrated robotic capabilities in both local and international markets, including Italy, where a significant budget of 1.7 billion euros has been allocated for grovoltaic projects.
“After over a decade in defense and civil robotics, we identified climate and agriculture as burgeoning fields where we can contribute to global efforts addressing the climate crisis and food security,” says Elad Levy, CEO of agRE.tech. “The convergence of these sectors presents immense potential for technological and business innovation. It’s a great honor for us to have esteemed companies like EDF and Zemach partnering with us to spearhead the robotic agrivoltaic sector and pave the way for a sustainable future for all”
EDF, with an installed capacity of approximately 137GW and an installed solar capacity of over 3,000MW, is a frontrunner in renewable and solar energy. The company invests heavily in international research and development in the agrivoltaic field, anticipating significant growth in the coming years.
Just recently EDF invested in the The Dumat Al-Jandal wind farm with a capacity of 400MW, stands as a pioneering endeavor in Saudi Arabia’s renewable energy landscape in an ancient land. It’s Saudi Arabia’s first wind farm. At 400MW, it is the largest wind farm in the Middle East, displacing almost one million tonnes of CO2 annually.
Developed by a consortium led by EDF Renewables (51%) and Masdar (49%), with the client being Saudi Aramco this project not only marks the kingdom’s inaugural utility-scale wind power initiative but also ranks among the largest wind farms in the Middle East.
