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Farmdroid

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An innovative field robot that helps farmers and plant growers reduce the costs for sowing and weeding of crops while keeping it CO2 neutral and organic

Vejen, DenmarkFounded 2018Robotics
Valuation $50–100M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Farmdroid and the history behind them.

About Farmdroid

FarmDroid ApS is a Danish company that develops and manufactures autonomous agricultural robots designed to automate seeding and weeding processes for farmers. The company's flagship product, the FarmDroid FD20, is a solar-powered robot that operates without the need for human supervision. It utilizes high-precision GPS to navigate fields, planting seeds at specific, pre-determined locations and subsequently performing mechanical weeding between and within the rows.

This technology aims to provide a solution for farmers looking to decrease significant costs associated with manual labor, fuel, and pesticides. By offering an automated, CO2-neutral alternative, the business model centers on selling these robotic units to farmers and plant breeders. The robots are designed to be lightweight to preserve soil health and can be adjusted for various parameters like row distance, plant distance, and sowing depth. The company operates in the agtech market and is expanding its global presence through a network of distributors.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Vejen, Denmark
Employees
32
Open positions
None listed
Dealroom signal
60.3/100
Sub-industry
AgriTech
Sector
Robotics, Industrial Automation, Solar Energy, Producer, Industry 4.0, Sustainable Development Goals, Odense Robotics, Odense Robotics Startup Hub, Climate Tech
Technology
Hardware, Deep Tech, IoT InternetOfThings
Business model
Manufacturing
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Oct 2024 $12M $46M Export and Investment Fund of Denmark · Navus Ventures · Convent Capital ↗
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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearEBITDAMarginProfitMarginR&D
2026 — —
2025 — —
2024 — —
2023 — —
2022 — —
2021 — —
2020 — —
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Growth signals

Farmdroid website traffic

Latest recorded traffic for Farmdroid is 24K monthly website visits, up 84.6% over the last three months. Farmdroid's team declined 23.8% over the past year.

Latest monthly visits24K 3-month web change+84.6% 1-year team growth-23.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

  • Convent Capital
  • Export and Investment Fund of Denmark
  • Navus Ventures

Other known investors3 additional known investors

  • Esben Østergaard
  • OdenseRobotics
  • Syddansk Innovation
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇩🇰 Denmark96.7%
🇩🇪 Germany3.3%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Farmdroid on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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