Narwhal Ventures invests in GreenField Incorporated to scale chemical-free food

Narwhal Ventures has announced that it has participated in a round of funding for GreenField Incorporated (formerly GreenField Robotics) to expand its fleet of robots to replace chemicals in broadacre agricultural applications, which accounts for more than 300 million acres in the USA alone.

“No aspiring regenerative farmer wants to cover their land with chemicals," said Melanie Rosenthal, Partner at Narwhal Ventures, which participated in the round. "We’re investing in GreenField Incorporated to scale a viable alternative. GreenField Incorporated uses robotics to remove the need for chemicals and enrich the health, nutrient density, and carbon sequestration of the soil. We're especially excited at the opportunity this creates for generations of family farms. Agriculture will be one of the most exciting sectors for investment and deep impact over the next few decades.”

Narwhal Ventures participated in the round of funding for GreenField Incorporated to expand its F2F | FLEET-TO-FARM throughout the growing season, bringing Robots-as-a-Service to broad-acre farmers and delivering regenerative agriculture ingredients at scale. GreenField Incorporated closed the round in April, and immediately put the robot fleet to work in broadacre fields including soybeans and two types of grain sorghum. They are now completing the harvest of these fields and producing regenerative ingredients for human and pet food brands.

“We’ve made major breakthroughs on the GreenField BOTony | Chem-free, Carbon-Negative Regenerative Process this year, and it’s been paying off," added Clint Brauer, GreenField Incorporated CEO. “We are here to restore consumer trust in the food system through a completely transparent 'BOTony' process. The bots are swarming fields, and controlling weeds, and we’re set to refine further and scale this process. We’re seeing notable tailwinds because the bots replace volatile pricing on petrochemicals, and there’s a newfound geopolitical emphasis on increasing agricultural production and building a local, resilient supply chain. That is happening just as we’re seeing an accelerating consumer trend to remove chemicals from food and marked demand from food manufacturers to find healthy ingredients. It all means the time is right.”

Narwhal Ventures supports decentralized technologies, typically in the blockchain and crypto space and, more recently, physical infrastructure. Narwhal Ventures takes a broad view of decentralization as a means to meet geopolitical, economic, and sociodemographic trends, and this drove the investment thesis for GreenField Incorporated.

“We think we’re entering a historic transformation with a shrinking workforce, increasing energy and food prices and volatility, and a more dynamic long-term geopolitical environment with greater disruption on supply chains,” concluded Joshua Rosenthal, PhD, Narwhal Ventures Partner. “This is happening at precisely the same time consumers are demanding fewer chemicals in their food, ingredient manufacturers are evolving to meet new demand, and farmers are asking for more stable economics for their business and land."