Technology
Gates’ firm invests in US-based robotic farming startup Iron Ox
Bay Area-based autonomous farming startup Iron Ox this week announced a $53 million round. The Series C, led by Breakthrough Energy Venture, brings the firm’s total funding up to $98 million.
Iron Ox is one of a large number of companies looking to revolutionize farming for the 21st century, amid growing concerns over population growth, climate change, labor shortages and a slew of other mounting concerns. Solutions range from large-scale indoor farms to field robotics designed for a more plug and play approach that operates with a more traditional setup.
The startup refers to its approach as a “closed loop system.” It’s effectively a robotic greenhouse full of proprietary harvesting technology. The company doesn’t have any outlandish claims in terms of yield, saying it more or less amounts to what you’ll get from a traditional farm, but it’s working to do so with a significantly smaller environmental footprint — and a model that is less beholden to seasonal changes than standard farming.
Iron Ox says its system uses around 90% less water than traditional farming. These sorts of systems also integrate data into every part of the process, collecting a significant amount of information about the produce they grow to improve on future yield.
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.jpg "Startups that use excerpts from their own pitch are sent legal notifications by Shark Tank India; the creator responds, “Kaise banega naya India?”")
.jpg "SpiceJet announces 8 new flights to connect Jaipur with Varanasi, Amritsar and Ahmedabad")
SpiceJet expands its domestic network with 8 new flights that will connect Jaipur with Varanasi, Amritsar and Ahmedabad and also link Ahmedabad with Pune.
SpiceJet is further expanding its domestic network with the launch of eight new flights starting November 15.
In the statement released on Wednesday, the airline announced that these new routes will connect Jaipur with Varanasi, Amritsar and Ahmedabad, while also linking Ahmedabad with Pune. This expansion follows the recent launch of 32 new flights in October 2024, including two international flights connecting Delhi with Phuket.
Last month, SpiceJet also commenced UDAN flights linking Shivamogga in Karnataka with Chennai and Hyderabad, and introduced double daily flights between Chennai and Kochi, enhancing connectivity across key regional and metropolitan cities.
“We are excited to announce the launch of new flights from Jaipur to Varanasi, Amritsar, and Ahmedabad, as well as from Ahmedabad to Pune, providing our passengers with greater flexibility and convenience,” SpiceJet Chief Business Officer Debojo Maharshi said.
“These new flights reflect our commitment to supporting passenger demand across tier-II cities and beyond. With our expanded winter schedule, including international and UDAN routes, we aim to provide our customers with greater convenience, affordability, and seamless travel experiences,” Maharshi added.
SpiceJet will deploy its 78-seater Q400 aircraft in these sectors. Bookings for the new flights are now open and tickets are available at the website of the airline, SpiceJet’s mobile app and through online travel portals and travel agents.
On Monday, the airline received a significant boost, with Acuite Ratings & Research Limited upgrading its long-term rating by four notches to ‘B ‘ and its short-term rating to A4. The rating agency has also assigned a ‘Stable’ outlook to the airline.
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