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Future Acres Targets Agricultural Robotics, Seeks $3M

A new, Santa Monica-based startup, Future Acres, is announcing this morning that it is targeting the agriculture industry with a new robot. The startup--which is crowdfunding its efforts--claims it is developing an agricultural robot which will "optimize workforce efficiency and safety". The company is backed by Wavemaker Partners, and is led by CEO Suma Reddy. Future Acres said it is seeking to raise up to $3M in seed capital via equity crowdfunding site SeedInvest. The company's initial idea for a product is "Carry", a robot to be used to help farmers gather hand-picked crops faster and with less physical demand.