WaterBit, Inc., founded in 2015, is a prominent player in the Agriculture, Robotics, and AgriTech industries. The company's slogan, "Making it easy for growers to deliver the right amount of water at the right time with our automated irrigation solution," clearly defines its core mission.
WaterBit's key offering, the WaterBit Autonomous Irrigation Solution (AIS), is designed to enhance irrigation efficiency by taking into account diverse factors such as growth stages, soil conditions, and weather. This allows for unparalleled granularity and accuracy, translating technology into improved yields, optimized water usage, and labor-saving strategies for growers.
Headquartered in the United States, WaterBit received a $11.40M Series A investment on 26 June 2018, backed by renowned investors including Heuristic Capital, New Enterprise Associates, Shenzhen Valley Ventures (SVV), and T. J. Rodgers. The company's innovative approach positions it well within the evolving agtech landscape.