Farms in Europe, and worldwide, are suffering from a continuous and worsening shortage of workers. In the UK, this problem has been exacerbated by Covid-19, Brexit, the war in Ukraine and high employment levels in competing sectors, with the National Farmers’ Union suggesting that as much as £60m of food will be left to rot on farms this year due to labour shortages.
In this scenario, harvesting robot developers Fieldwork Robotics announced it has secured €1.7 million from Elbow Beach Capital, a decarbonisation, sustainability and social impact investor. Family office Frontier IP, and other existing investors have also followed on in this round. At the same time, an ongoing Seedrs round opened to new investors, which will close in September, and is expected to raise an additional €700k.
https://www.europarl.europa.eu/topics/en/article/20211118STO17609/eu-agriculture-statistics-subsidies-jobs-production-infographic