Ghent AI company Robovision raises $42 million for the American dream

Robovision, a company from Ghent specialized in AI technology for production machines, has raised $42 million from investors. With these additional resources it wants to open the doors to the United States.

The wind is in the sails for Ghent-based Robovision: an investment round has yielded 42 million dollars (+/- 39 million euros). Robovision is a company specialized in AI technology to support production processes and machines. The company achieved its greatest successes in the agricultural sector. It designed models for agricultural machines that can recognize and pick plants.

It is no coincidence that we write in dollars and not in euros. The investors are three American investment companies. Robovision is focusing on expansion across the Atlantic Ocean, founder and CEO Jonathan Berte told De Tijd. After this and previous investment rounds, the company has raised $65 million in fresh capital to realize the American dream.

‘Storm coming towards us’

It should come as no surprise that Robovision is loved by investors. AI is everywhere and investors need those two letters to open their portfolios. Berte saw the current AI craze coming years ago. “Artificial intelligence is a storm approaching us,” Berte said when we spoke to him in 2018.

He predicted that a whole new economy would emerge based on big data and artificial intelligence. The success of his company is therefore no coincidence or luck: Robovision was there early and is reaping the benefits today. Read the full interview here.