Tevel
Tevel is a technology company.
Financial History
Tevel has raised $30.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has Tevel raised?
Tevel has raised $30.0M in total across 2 funding rounds.
Tevel is a technology company.
Tevel has raised $30.0M across 2 funding rounds.
Tevel has raised $30.0M in total across 2 funding rounds.
Tevel Aerobotics Technologies is an Israeli agtech company founded in 2017 that develops Flying Autonomous Robots™ for fruit harvesting, addressing the global shortage of agricultural labor.[1][2][3] These AI-driven drones use advanced computer vision and machine learning to delicately pick ripe fruit, optimize harvesting processes, and deliver real-time data analytics to farmers for better orchard management.[1][2][3] Serving the agriculture sector, particularly fruit growers facing labor constraints, rising costs, and environmental pressures, Tevel operates at Technology Readiness Level 7-9 (deployment stage) with a Series B-II funding status, having raised around $70M total (including $20M four years ago and earlier $30M noted).[1][2][3] With 51-200 employees (63 reported in 2022), the company demonstrates strong growth momentum in the produce-picking robotics market.[1][3]
Tevel was co-founded in 2017 by Yaniv Maor (CEO) and Eyal Desheh (Chairman of the Board), based at Agridera Farm near Tel Nof Airbase in Gedera, Israel.[1][2][3] The idea emerged from the acute global agricultural labor shortage, prompting the duo to pioneer autonomous flying robots for fruit picking—a disruptive response to manual harvesting limitations.[1][3] Early traction came through rapid development of AI and computer vision tech, achieving deployment readiness and securing initial funding of $30M, followed by additional rounds totaling $70M, marking pivotal milestones in scaling from prototype to commercial orchards.[2][3]
Tevel rides the agricultural robotics wave, targeting labor shortages, escalating costs, environmental threats, and regulations in global farming, where produce-picking robots revolutionize harvesting, cultivation, and data collection.[2] Timing aligns with AI advancements in computer vision and drone tech, amplified by climate challenges in food and agriculture, including food waste reduction.[1] Market forces like demographic shifts in rural workforces and sustainability demands favor Tevel, influencing the ecosystem by pioneering autonomous solutions within the 2,700+ robotics startups landscape, enhancing efficiency for fruit growers worldwide.[1][2]
Tevel is poised to expand deployments as funding supports global orchard rollouts, potentially capturing more of the produce-picking market amid ongoing labor crises.[2] Trends like AI refinement, regulatory tailwinds for agtech, and integration with broader farm automation will shape its path, evolving its influence from niche innovator to ecosystem leader in sustainable harvesting.[1][2] This positions Tevel to transform agriculture, directly tying back to its core mission of bridging labor gaps with robotic precision.[3]
Tevel has raised $30.0M in total across 2 funding rounds.
Tevel's investors include OurCrowd.
Tevel has raised $30.0M across 2 funding rounds. Most recently, it raised $20.0M Series B in October 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2020 | $20.0M Series B | OurCrowd | |
| Mar 1, 2019 | $10.0M Series A | OurCrowd |