SEED Innovations Ltd / AIM: SEED / Sector: Closed End Investments

19 June 2026

SEED Innovations Ltd

("SEED" or the "Company")

Investment in Fieldwork Robotics Ltd, a UK-based agricultural robotics company

Autonomous harvesting technology being deployed commercially

SEED Innovations Ltd (AIM: SEED), the AIM-quoted investing company, is pleased to announce that it has subscribed £300,000 for an approximate 3.66% equity interest in Fieldwork Robotics Limited ("Fieldwork"), a UK agricultural technology company specialising in the autonomous harvesting of berries for soft-fruit growers worldwide.

The investment forms part of a £2.5 million Seed+ fundraise being undertaken by Fieldwork to accelerate farm adoption of its autonomous harvesting technology and transition from the technology validation stage to commercial trials.

Jim Mellon, Non-Executive Chair of SEED, commented: "Fieldwork is a UK company which epitomises how AI and robots can solve a very real-life problem. Up to 30% of soft fruit is lost due to a shortage of pickers, which affects not only growers' profitability, but also the costs passed on to consumers.  Fieldwork's berry picking robot offers an innovative and scalable solution to this problem.  We are delighted to be supporting Fieldwork at this stage of its development and look forward to following its progress as it continues to commercialise and expand internationally."

David Fulton, Fieldwork Robotics CEO commented: "SEED's support at this stage is vital as we move into this important next chapter for Fieldwork. This fundraise builds on the significant commercial progress we have made and gives us the platform to accelerate farm adoption of our technology at scale. We are now focused on delivering results, expanding our commercial trials and progressing our international expansion, and we are well positioned to do so with the right investors alongside us."

About Fieldwork

https://fieldworkrobotics.com/

Fieldwork is a UK-based agricultural robotics company developing a physical AI-enabled harvesting system for soft fruit growers, initially focused on raspberries. Its platform will combine robotic harvesting, machine vision and intelligent fleet coordination for the deployment of fleets of robots. The robot has four independent robotic arms, each equipped with a patented inflatable membrane to remove fruit without damage, and AI-enabled 3D vision and high-fidelity ripeness detection. Supervised by a single operator, the system enables commercial growers to overcome labour constraints while improving harvesting accuracy and reducing fruit wastage.

Fieldwork has developed multiple generations of harvesting robots and is now progressing towards scaled commercial deployment, supported by commercial and development relationships with growers and agricultural partners across the UK, Australia, Portugal and the United States. Alongside direct robot sales, Fieldwork is developing recurring revenue streams through agricultural data services, service and maintenance contracts, and harvesting-as-a-service ("HaaS"), under which growers pay to access robotic harvesting capabilities on an ongoing service-based model rather than purchasing the systems outright.

AIM Rule 12 Disclosure

The investment will be funded from the Company's existing cash resources and constitutes a Significant Transaction under AIM Rule 12.

Fieldwork is a UK company incorporated on 17 October 2016 as a spin-out from the University of Plymouth. Founded by Dr Martin Stoelen, formerly a lecturer in robotics at the University, the company was established to commercialise his research into 'soft' and adaptive robotic arms for handling delicate produce. Fieldwork has since expanded internationally, with subsidiaries in Portugal, Australia and California, USA. For the year ended 31 October 2025, Fieldwork reported net assets of £5,540,162 with modest turnover and a loss before tax consistent with its stage of development. 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

ENDS

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Notes to Editors

SEED Innovations Ltd 

SEED Innovations Ltd (AIM: SEED) is an investing company focused on providing access to high-growth robotics and AI ventures typically beyond the reach of everyday investors. The Company also oversees a legacy portfolio in wellness and life sciences, with a medium-term strategy to unlock its full value. https://seedinnovations.co/

About Fieldwork Robotics Limited

Fieldwork Robotics is developing the world's first autonomous raspberry harvesting robot. It leads the market globally in the robotic harvesting of fresh raspberries, and its technology is being adapted to the needs of growers across multiple continents. https://fieldworkrobotics.com/

Nominated Adviser statement

Beaumont Cornish Limited ("Beaumont Cornish"), is the Company's Nominated Adviser and is authorised and regulated in the United Kingdom by the Financial Conduct Authority. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and the AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for, and will not be responsible to, any other person for providing the protections afforded to customers of Beaumont Cornish, nor for advising them in relation to the arrangements described in this announcement or any matter referred to herein.