Forbes Covers Finistere Portfolio Company Apis Protect
In a recent article writing at Forbes, Jeff Kart covers the seed financing round of Apis Protect–a new addition to Finistere’s portfolio. From the article:
Monitoring honey bee hives by hand is passé. The buzz these days is about high-tech sensors inside hives. They help commercial beekeepers keep colonies healthy and allow bees to keep doing their jobs as one of the world’s most important pollinators. ApisProtect, an Irish agtech company, recently closed a $1.8 million seed round of financing to expand internationally, and plans to open its first U.S. office in Salinas, California.
ApisProtect provides real-time hive monitoring powered by satellite-enabled sensors retrofitted to existing beehives. The technology means beekeepers can more effectively manage colonies, and don’t have to rely on periodic, manual hive checks that can allow disease, pests and other issues to deteriorate hive health, says ApisProtect co-founder and CEO Fiona Edwards Murphy.