Artesian VC is an alternative investment management company that specializes in early-stage venture capital, particularly in the clean energy sector. Established in 2004 after spinning out from ANZ Banking Group, the company has evolved to manage a range of specialized funds, with a focus on seed and follow-on investments in startups sourced from approved accelerators, incubators, and academic programs. Artesian's investment strategy emphasizes partnerships with leading organizations in the startup ecosystem, enabling it to identify and support high-potential ventures. With offices in Sydney, Melbourne, Shanghai, New York, London, and Singapore, the company has built a global presence and has successfully raised over AUD 255 million for its various funds. Additionally, Artesian has expanded its reach through initiatives like its China VC Fund and plans for a Southeast Asia VC Fund, underscoring its commitment to fostering innovation in diverse markets.
AirBoard LLC, founded in 2015 and based in Liepaja, Latvia, specializes in the development of advanced agricultural drones. The company is focused on the automated aerial pesticide spraying market, which is valued at $25.5 billion. AirBoard is designing a powerful AgTech drone weighing 220 pounds, aiming to significantly reduce pesticide usage by 70%. The team comprises experts from diverse fields, including a champion drone racer, an electric vehicle industry pioneer, and an agriculture specialist. AirBoard has established agreements with customers to replace traditional helicopter spraying methods and is currently conducting pilot tests in European vineyards to demonstrate the effectiveness of their innovative technology.
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