We're delighted to announce that Monarch Tractor has raised $133 million in a historic funding round, marking a new chapter in its journey to revolutionise agriculture with smart, autonomous, and electric tractors. This recent success shows that Monarch Tractor is not only paving the way for sustainable agriculture but also setting new industry standards. We look forward to the company's continued success as it expands globally and drive the future of farming. Congratulations to Praveen Penmetsa, Mark Schwager, Carlo Mondavi, Zachary Omohundro and the entire Monarch team for their vision and expertise, which have played a key role in achieving this milestone!
We are thrilled to announce that Monarch Tractor has secured $133M in Series C funding, marking the largest-ever raise in agricultural robotics! ⚡🚜 We realize this incredible milestone wouldn't have been possible without the unwavering support of our customers and investors who have been nothing but committed to our mission since day one. Thank you for being our biggest believers 💪 Monarch was founded on the belief that food security only exists with planet sustainability and farmer profitability. Today, the support we've received from global investors in this funding round only underscores the importance of robotics and AI innovation in agriculture to build a farming future that benefits the farmer, the consumer, and the planet. Here's to onwards and upwards! 🚀 #AgTech #SmartFarming #StartupFunding #TechFunding https://lnkd.in/gG7mfEYJ