Fotenix Secures Investment to Empower Farmers with AI Driven Food Production
Fotenix, a University of Manchester spinout dedicated to supporting farmers with smarter, sustainable farming solutions, has announced a major investment from River Capital’s Fund:AI. This funding will accelerate Fotenix’s mission to help growers protect their profits while adopting more sustainable practices.
At the heart of Fotenix’s innovation is its spectral imaging technology, combined with AI-powered insights. These cameras allow farmers to detect early signs of crop stress, such as pests and disease, giving them the ability to take targeted action before problems escalate.
For horticultural growers, this means reducing costly crop losses, optimising resource use, and maintaining consistent quality to meet market demands.
“Farmers are at the core of everything we do,” said Charles Veys, CEO of Fotenix. “We understand the immense pressure they face to deliver high-quality produce while dealing with rising costs and environmental challenges. This investment enables us to bring accessible, practical solutions to their operations—helping them maximise yields, cut waste, and farm more sustainably.”
Fotenix’s technology supports growers in reducing their reliance on chemical inputs, such as fertilisers and pesticides, contributing to a lower environmental footprint. By making data-driven decisions, farmers can also improve water and energy efficiency, critical in regions affected by resource scarcity.
This investment from River Capital’s Fund:AI will allow Fotenix to expand its team, scale its operations, and reach more farmers in high-value horticultural markets, including the glasshouse sector. With a farmer-first approach, Fotenix is committed to empowering growers to protect their profits while meeting the demands of a more sustainable and competitive agricultural industry.
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