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Niqo Robotics, an agritech robotics firm, has raised $13 million in a Series B round to expand to new markets and accelerate the commercial adoption of its AI-driven agricultural robots. The company uses AI-driven computer vision technology to reduce costs and increase profitability for farmers. Its goal is to commercialize over 90,000 acres of land and benefit over 1,800 farmers by 2023-24.
