The Cork-based agtech developer uses Internet of Things technology to monitor honey bee colonies.

ApisProtect, an Irish agriculture startup, has raised €1.5m ($1.7m) in a seed round that was backed by state-run development agency Enterprise Ireland.

The round was led by venture capital firms Finistere Ventures and Atlantic Bridge Capital.

The technology developed by ApisProtect helps commercial beekeepers more effectively manage colonies. “This investment will allow us to accelerate our expansion as we work to create an extensive global hive health database to power our machine-learning insights,” said the firm’s CEO and co-founder Dr Fiona Edwards Murphy.