Israeli autonomous vehicle platform startup Blue White Robotics (BWR) has announced a $10 million funding round. The round was led by Jesselson Investment, alongside Peregrine VC, Entrée Capital and an investment group led by Datoroama founder Ran Sarig. BWR, which employs around 50 people, 40 of them in Israel, had previously raised $1.5 million from Entrée Capital.
“The company is founded on the values of fellowship, innovation and love of our country,” said founder and CEO Ben Alfi. “Our mission is to revolutionize agriculture and urban mobility through the development of autonomous systems. This funding shows our investors’ belief in our work and in an autonomous future, especially during the Covid-19 pandemic.”
BWR, which is mainly active in the U.S. and South American markets, was founded three years ago and is a leader in the adoption of autonomous solutions and “Robots-as-a-Service” around the world. The company has developed a platform to control and manage between dozens and hundreds of autonomous air and ground vehicles. These are remotely coordinated and controlled through advanced operation centers. The $10 million investment will enable BWR to expand its global presence, services and customers, and actively recruit new employees to its R&D center in Tel-Aviv.
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