Behold - member of STP Niš, secured an angel investment

Behold innovative startup, a member of the Niš Science and Technology Park, achieved significant success by finalizing its first investment of $50,000, provided by Spring Activator from Canada and a group of business angels from Canada, Bosnia and Herzegovina and Turkey.

This step marks the beginning of a new phase in their mission to revolutionize beekeeping through the use of artificial intelligence. With an estimated value of $2 million, Behold made the investment through the SAFE mechanism.

Founded with the vision of transforming traditional beekeeping, Behold is working on the development of the Digital Beekeeper's Assistant - a technological solution based on artificial intelligence. This system offers guidelines for optimal beekeeping, predicts yields and potential problems, and reduces the need for manual inspection of hives by up to 80%. It also contributes to reducing the physical work of beekeepers by 50% and at the same time increases income by 20%.

With the new funding, Behold plans to manufacture three new, patent-protected devices to collect high-resolution data from hives. These devices will be deployed across different apiaries to collect large amounts of data, which will be used to train the AI technology and further improve its accuracy. In addition, the investment will enable Beehold's sales expansion and continued business growth.

Source: STP Niš

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