Iron Ox Raises $20M in Series B Funding

Iron Ox

Iron Ox, a San Carlos, Calif.-based robotics and AI-enabled farming company, closed a $20m Series B funding round.

The round, which brought total funding raised to date to $45m, was led by a collection of Family Offices and Pathbreaker Ventures, with participation from Crosslink Capital, Amplify Partners, ENIAC Ventures, R7 Partners, Tuesday Ventures, At One Ventures and Y Combinator.

Founded in 2015 and led by Brandon Alexander, CEO, Iron Ox has developed hybrid robotic greenhouses that dynamically support a range of produce offerings. With energy efficiency and flexible production at the core of their business, the company’s solutions give customers a one-stop-shop for fresh and clean food.

Iron Ox has also announced the opening of their Gilroy, California farm, which is delivering fresh produce throughout California to select restaurants and retailers such as local favorites Bianchinis and Whole Foods.

The company plans to expand nationally in 2021 to bring food to customers outside of California.

FinSMEs

10/09/2020

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