Singapore-based Polybee has raised a $4.3 million seed round led by Paspalis Capital and elev8 VC to scale its pollination and yield forecasting tech, delivered via a fleet of tiny drones that serve as "physical AI agents" in greenhouses and open fields. The round—which was also backed by SEEDS Capital plus strategic angel investors including Blue River Technology founder Jorge Heraud—will be used to fuel the firm's five-fold expansion to 4,000+ acres in 2026.
"We see Polybee as the definitive leader in the next generation of physical AI for agriculture," said elev8 VC managing director Aditya Mathur. "Its platform offers a rare combination of high technical defensibility and immediate, bankable ROI."
"What impressed us was not just the technology, but the commercial traction," added Paspalis Capital CEO Harley Paroulakis. "Growers are already seeing yield improvements and cost reductions."
Founded by Siddharth Jadhav in 2019, Polybee operates tiny self-recharging drones mounted with cameras to monitor the quality, ripeness, and health of crops to provide AI-powered yield forecasts helping growers know exactly when to harvest for optimal yield and profitability.
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