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High Tech Series A Founded 2016

Maifei Technology

Maifei Technology (McFly) is a provider of disease and pest monitoring solutions for agriculture, combining hyperspectral imaging, drone technology, cloud computing, and AI to deliver precision crop protection recommendations. The company offers hyperspectral cameras to collect farm data and proprietary drones to gather aerial farm data, which are then processed through a cloud-based AI platform to generate variable…

📍 Chaoyang, China · Drones,

Funding snapshot

Last roundSeries A
Amount$15M
Date27 March 2019
Total raised$15M

About

Maifei Technology (McFly) is a provider of disease and pest monitoring solutions for agriculture, combining hyperspectral imaging, drone technology, cloud computing, and AI to deliver precision crop protection recommendations. The company offers hyperspectral cameras to collect farm data and proprietary drones to gather aerial farm data, which are then processed through a cloud-based AI platform to generate variable rate recommendations for spraying crop protection products in required doses to prevent pest and disease infestation. In addition to monitoring, Maifei Technology provides controlled spraying solutions and precision planting solutions, enabling farmers to optimize input usage and reduce environmental impact. The company's integrated approach spans data collection, analysis, and actionable field operations, creating a closed-loop precision agriculture system. Founded in 2016 and headquartered in Chaoyang, China, the company has raised $14.9M in Series A funding from investors including GF Qianhe Investment, ECC Capital, Baidu Ventures, Frees Fund, Riverhillfund, and Zhongke Chuangxing.

Business model

Drones > Tech Enabled Services > Crop Management > Pest Control > Sterile Insect Release,

Crop Tech > Farm Analytics > Drones Based

Institutional investors

GF Qianhe Investment ECC Capital Baidu Ventures Frees Fund Riverhillfund Zhongke Chuangxing

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