Setback
Farmers Weekly reported that farmers who had invested in the company might not get their money back.
A delay, pause or setback
What the source says
“it is unclear at this stage how much of their investment they are likely to get back.”
What it means
Tom crop-scanning robot, from Small Robot Company, is at stage 3 of 5 on our ladder: pilot. A setback stays on the record next to the milestones; the stage moves down only when the rules say so.
Human help: The maker hasn't said whether people help it remotely.
More on Tom crop-scanning robot
- Small Robot Company shut down after failing to raise the money for its next stage; Kroll was appointed to sell its assets.
- Its lead investor pulled out of a planned funding round, leaving the company without money to keep going.
- The company said its service that season had shown up to 90% savings on weedkiller and 24% on fertiliser.
- The company said it would roll out its robot crop-scanning service to 50 farms the next season, with nearby farms sharing a robot.
- Waitrose's Leckford Estate farm was among the first in the UK to sign up for the robot service.
- At the end of 2022 the company launched version 4 of Tom, its crop-scouting robot.