Funding Round

Farmevo Raises Strategic Funding Round Led by Gutter Capital and Relocates Headquarters to New York

Farmevo, a company focused on bridging AI with real-world applications, has closed a strategic funding round led by Gutter Capital.

Key Takeaways

  • Farmevo has closed a strategic funding round led by Gutter Capital.
  • The company is relocating its global headquarters to New York City.
  • The funding will support expansion of autonomous remote sensing solutions in agriculture and forestry.
  • Farmevo plans to scale seed production use cases across additional crops in 2026.
  • Investment will support R&D, sales, and customer success efforts in North America.

Farmevo Secures Strategic Investment to Support North American Expansion

Farmevo, a technology company focused on bridging artificial intelligence with real-world applications, has closed a strategic funding round led by Gutter Capital. As part of the transaction, Farmevo is relocating its global headquarters to New York City to support its next phase of growth.

The investment will enable Farmevo to scale its autonomous remote sensing solutions across agriculture and forestry markets in North America, while expanding its research and development and commercial operations.


Farmevo Technology Lowers Barriers to Drone Adoption

AI-Driven Remote Sensing for Non-Technical Users

Farmevo’s platform is designed to address long-standing challenges that have limited the adoption of drone-based data collection. Through its LenseAI Pilot App, the company enables users to deploy low-cost drones without requiring pilot licenses or advanced GIS expertise.

The system delivers near real-time insights through a web-based portal, allowing farmers, agronomists, and forestry professionals to access actionable data without specialized technical training. According to the company, this approach is intended to make remote sensing accessible to a broader range of end users.


Agricultural Use Cases Expand Beyond High-Value Crops

Focus on Seed Production and Crop Monitoring

In agriculture, Farmevo has established a presence in monitoring high-value crops such as canola, sugar beet, and potatoes. The company has also become increasingly involved in seed production workflows, where accurate and timely insights support operational and commercial decision-making.

Ali Fawad, CEO of Farmevo, said the company plans to expand into additional seed production verticals, including corn, forage, and soybeans, starting in 2026. He noted that recent engagement with industry stakeholders at the ASTA Field Crop Seed Convention highlighted demand for the company’s solutions.

Farmevo is scheduled to participate in the Potato Expo in Dallas from January 6–8, 2026.


Forestry Applications Accelerate Survey and Analysis Workflows

SylvaSense Reduces Field Survey Time

Farmevo’s forestry-focused software, SylvaSense, applies AI-driven analysis to reduce the time required for silviculture surveys. The platform automates measurements such as tree height, species identification, and crown closure, reducing survey times by a reported factor of two to five.

The company plans to engage further with forestry professionals at the Western Forestry Contractors’ Association Conference in British Columbia later this year.


Funding Supports Farmevo's R&D and Commercial Growth

Investment in AI Models and North American Operations

Habab Idrees, CTO and Co-Founder of Farmevo, said the funding will support further investment in research and development, particularly in improving AI models and UAV workflows. Co-Founder and Head of R&D Rana Waqar added that advances in AI and remote sensing hardware are creating new opportunities to automate real-world workflows.

The capital will also be used to expand Farmevo’s sales and customer success teams in North America. By relocating its headquarters to New York City, Farmevo aims to leverage strategic support from Gutter Capital founders Dan Teran and James Gettinger as it scales its operations in the region.

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