MaiFei Technology Raises RMB 25 Million in Pre-A Round | FreeS Fund Deal News

Recently, precision agriculture AI service provider Maview Technology announced the completion of a RMB 25 million Pre-A funding round. This round was co-led by Baidu Venture and Gaojie Capital, with FreeS Fund participating as a follower. The funds will be primarily used for market expansion, core technology, product R&D, and commercial ecosystem upgrades.

Maview Technology's main business is using remote sensing and AI technology to provide precise pesticide application for crop pest and disease control for agricultural producers. It has achieved operationalized technology for real-time monitoring of crop growth and pest/disease conditions at the field-plot scale, with strong moats in specialized products, industry big data mining, and business models.

What the Investors Say

Li Feng, Founding Partner of FreeS Fund

Email: feng@freesvc.com

As rural labor structures shift and land transfer trends become more pronounced, appropriately scaled new agricultural operating entities will experience explosive growth, bringing a series of impacts and changes to the pre-production, production, and post-production stages of traditional agricultural supply chains. FreeS Fund is bullish on opportunities in the agricultural services market.

Thanks to the maturation of new technologies such as drones and AI, drone-based crop protection has become an important entry point into the agricultural services market. Maview Technology entered the market with full-season crop protection management services, offering high service quality and strong brand capabilities, enabling it to effectively capture land relationships and expand upstream and downstream resources. Another advantage of Maview Technology lies in its technology. Through domestically leading near-ground hyperspectral remote sensing technology, it achieves precise positioning and pesticide application for crop pest and disease, reducing medication costs for farmers while decreasing environmental pollution — aligning with the country's long-term strategy.

Recently, Maview Technology — a domestic AI service platform focused on remote sensing-based precision agriculture — officially confirmed that it completed a RMB 25 million Pre-A funding round this March. This round was co-led by Baidu Venture and Gaojie Capital, with FreeS Fund participating as a follower. Maview Technology stated that the proceeds will be primarily used for market expansion, core technology and product R&D, and commercial ecosystem upgrades.

Maview Technology is an AI big data company with an international technical background, internet DNA, and a focus on smart agriculture, specializing in crop protection services and precision scientific pesticide application. Its main business relies on proprietary intellectual property in near-ground aerial remote sensing technology and smart agriculture AI algorithms to provide precision scientific pesticide application services for clients.

Maview Technology's core team hails from renowned domestic and international institutions including the Chinese Academy of Sciences, Chinese Academy of Agricultural Sciences, Peking University, Wuhan University, Alibaba, Oracle, Carleton University in Canada, and Airbus Group in Europe, with formidable strength in remote sensing technology and agricultural resources.

Maview Technology is the first to achieve operationalized technology for real-time monitoring of crop growth and pest/disease conditions at the field-plot scale, with strong moats in specialized products, industry big data mining, and business models. It is also among the early companies providing full-process scientific crop protection solutions. Maview Technology is committed to empowering modern agriculture through comprehensive precision agriculture planting service models, with the ambition of becoming a world-leading technology agriculture company.