ADI receives 250,000 euros in funding from the NWO
Applied Drone Innovations (ADI) has recently secured a new round of funding in the amount of 250,000 euros from the Netherlands Organisation for Scientific Research (NWO). This milestone will help the startup accelerate its technical development and grow its core team.
“This is a great achievement for us at ADI, and we can only thank NWO for their trust in our technology,” said CEO William Simmonds. “Introducing drones into the workflow of growers will significantly improve their ability to monitor their crops and minimize diseases. We strive to remain the leading innovator in data-driven horticulture.”
This is the second round of funding for the Delft-based company this year. In January 2019, ADI received 150,000 euros from Rabobank to develop and pilot its technology. Subsequently, it also secured a 20,000 euros from MIT Feasibility Grant to realise autonomous drone flying.
The startup is currently working with its first customers to make the monitoring of their greenhouses more time- and cost-efficient. Read more here.