India, November 30th, 2023: Sunicon Ventures, one of the leading early-stage India-focused venture capital firms, has led the seed funding round of INR 5 crore for Suind. The round also saw participation from Zetta Farms and other prominent angel investors. Suind is an innovative DroneTech start-up revolutionizing agriculture through AI and offering a comprehensive solution for real-time crop monitoring and treatment.
SUIND, founded in 2020 by Kunal Shrivastava and Kevin Kleber, is based in Bangalore and Zurich; the startup is standing at the forefront of AI-driven agriculture technology. The infusion of newly raised capital will empower SUIND to accelerate technological advancements, enhance the scalability of its AI-driven crop protection platform, and expand its market penetration in both the Indian and European markets.
“Our extensive research into SUIND’s technology revealed a remarkable differentiator in the Indian Agritech landscape” said Saloni Jain, Managing Partner, Sunicon Ventures. “SUIND’s innovative solutions represent a significant leap towards enhancing agricultural efficiency and sustainability. With founders boasting strong backgrounds and an unwavering passion, SunICON Ventures is thrilled to actively contribute to SUIND’s growth journey.”
Kunal Shrivastava, Co-Founder and CEO, SUIND said, “This funding marks a pivotal moment for SUIND. We are excited to have amazing names like SunICON and Zetta Farms, along with our esteemed angel investors, backing us on this journey. This investment propels us to drive the next wave of innovation in agriculture technology, and we are committed to making a lasting impact on global farming practices.”
Going beyond innovation, Suind’s mission is to revolutionize crop protection by seamlessly integrating drones, computer vision, and data analytics. The company specialises in developing low-power vision-based AI for drones allowing its drones to operate fully autonomously in challenging plantation terrains like tea, rubber, fruit orchards etc. The company’s technology promotes sustainable farming practices by minimizing chemical usage and optimizing resource allocation.