Vivid Machines said the funding will support the startup in its development of a “broader set of system applications” and expand its capabilities to a wider variety of fruit crops.
The round was led by BDC Capital’s Thrive Venture Fund, with participation from StandUp Ventures, Algoma Orchards, Tall Grass Ventures, Entrepreneur First, BoxOne Ventures, Conexus Venture Capital (Emmertech), the W Fund, Cornell Capital, Freycinet Ventures, N49P, and MaRS IAF.
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In January, Vivid Machines was awarded more than $810,000 from the federally supported Canadian Food Innovation Network for its project with Ontario-based farms Algoma Orchards and Blue Mountain Fruit Company, which both specialize in apples. Under the partnership, Vivid Machines is creating digital twins, or virtual models, of the orchards to determine ideal harvest timings to meet the demands of grocers and food processors.
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