FJDynamics raises $70M in funding round
FJDynamics recently raised $70 million in its Series B round of funding to further its goal of empowering farm workers in the harshest environment with robotic technologies. This fresh injection of capital will be utilised to “grow its suite of robotics automation technology across agriculture, facility management, construction and gardening, along with supporting the increasing demand of the company’s ESG product offerings in over 60 countries.”
“I don’t think our technology is that special,” said FJDynamics founder Wu Di. “You can have the most advanced AI algorithms,” he continued, “But if the technology doesn’t work on the production line or the farm, because you don’t have any industry experience, then how does your technology benefit people?”
Founded in 2019 by Wu Di, the company focuses on agricultural robots to make the farming process easier for farmers.
“If you look at how robotic technology is being applied, there are a lot of companies using drones and autonomous vehicles. But the majority of people on earth aren’t benefiting from it,” the founder added. “Agriculture, construction, gardening… Work conditions in these sectors are physically demanding and there are still a lot of us doing this kind of job. The question is how we use robotic technology to improve their work environment, and that doesn’t mean simply replacing them with robots.”
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