Friday, 08 December 2023 10:25

Smart money backs smart machine

Written by  Staff Reporters
The Smart Machine team from left Nick Gledhill, Walter Langlois and Andrew Kersley. The Smart Machine team from left Nick Gledhill, Walter Langlois and Andrew Kersley.

Marlborough-based start-up SmartMachine claims its new machine is one of the most significant operational step changes for viticulture since the advent of the tractor 130 years ago.

The company’s flagship product Oxin is the world’s first fully autonomous, multi-tasking viticultural robotic tractors.

These cutting-edge machines promise to revolutionise the viticulture landscapes by enabling greater operational efficiencies and addressing the challenges posed by the ongoing labour shortages the industry faces.

This development has seen the start-up attract the interest of global investor FABALI, which has invested into Smart- Machine.

The company’s first funding round has raised $1.93m, securing ongoing support from multinational Pernod Ricard Winemakers and attracting new Investors FABAL Investments, New Zealand Growth Capital Fund, Angel Investors Marlborough and Angel HQ.

Company spokesman Andrew Kersley says that at a time where the investment market has been challenging, this highlights the uniqueness of the product offering and value proposition that the company’s products and service offer to global horticultural industries.

FABALI Group chief executive Ashley Keegan says that after looking hard at the global landscape, this technology and the team behind it has the potential to be one of the most significant operational step changes for the industry since the advent of the tractor over 130 years ago.

Foundation partner Pernod Ricard Winemakers has also backed the product and business from the beginning. Viticulture transformation manager David Allen says the company’s continued investment in Smart- Machine’s technology is down to how it can revolutionise the viticulture landscape.

Kersley says it is an exciting time for the business. “We are focusing on building out our revenue model in New Zealand and establishing our market position in Australia, while strategically working through our launch in the United States.”

He says it has both industry and government backing through MPI and its Sustainable Farming Futures Fund to build a fully electric version of the machine, which he claims will ‘shift the dial’ even further regarding the sustainable benefits of this technology.

More like this

Agco invests in Finnish engine plant

While Nokia is more likely recognised for mobile devices, a major investment of €70m (NZ$126m) by global farm machinery brand AGCO at its facility in Linnavuori, in Nokia, will see the plant establish a new laboratory for testing combustion engines running on alternative fuels, alongside a range of electric solutions, including hybrids, fuel cells and high-voltage battery technology.

Factory clocks up 60 years

There can't be many heavy metal fans who haven’t heard of Basildon, situated about 40km east of London and originally created in 1948 to deal with the population boom after the Second World War.

Polaris unveils XD 'truck'

Think of a RAM 1500 or a Chevrolet Silverado and compare them to a Ranger or a Hilux: One is obviously a truck, and the other is a ute.

Temporary slurry tanks – cheap, easy to install

With effluent management never far from the thoughts of legislators and farmers becoming increasingly aware of the nutrient values of dairy effluent, innovate ideas for the convenient storage and subsequent discharge are always of interest.

Featured

Vaccinate against new lepto strain

A vet is calling for all animals to be vaccinated against a new strain of leptospirosis (lepto) discovered on New Zealand dairy farms in recent years.

TV series to combat food waste

Rural banker Rabobank is partnering with Food Rescue Kitchen on a new TV series which airs this weekend that aims to shine a light on the real and growing issues of food waste, food poverty and social isolation in New Zealand.

National

Leaderbrand goes electric!

One of the largest horticulture commercial growing companies in NZ has just begun using a new electric harvester and self-propelled…

Hawke's Bay to the world

Rockit chief executive Mark O'Donnell says consumer awareness for the brand continues to improve each year.

Rockit all fired up

Snack sized apple business Rockit says it is fired up for a record 2024 season.

Machinery & Products

Success for Argo tractors

The judges at last year’s Agritechnica event picked the Italian-built Landini Rex 4-120GT Robo- Shift Dynamic as the Best of…

Pollution into fertiliser

While the new government is sure to “tinker” with the previous administration’s emissions policy, a recent visit to New Zealand…

Smart money backs smart machine

Marlborough-based start-up SmartMachine claims its new machine is one of the most significant operational step changes for viticulture since the…

Robo packer hits a billion

New Zealand inventor and manufacturer Robotics Plus Limited’s fruit packing robot has hit a major milestone of one billion pieces…

» Latest Print Issues Online

The Hound

Cut with care

OPINION: The new government has clearly signalled big cuts across the public service.

Bubble burst!

OPINION: Your canine crusader is not surprised by the recent news that New Zealand plant-based ‘fake meat’ business is in…

» eNewsletter

Subscribe to our weekly newsletter