FMO and Cathay AfricInvest Innovation have made an investment in Aerobotics, a South African agritech startup developing intelligent tools to feed the world. Aerobotics enables tree and fruit farmers not only to monitor their crops but also to increase their overall yield and reduce their footprint, through a combination of satellite and drone imagery coupled with machine learning algorithms.

The investment is part of a R250 million (about $16.5 million) series B round led by Naspers F...