TerraClear Raises $25M in Series A Funding

TerraClear

TerraClear, a Grangeville, Idaho- and Bellevue, Wash.-based applied AI and robotics company, raised $25m in Series A funding.

The round, which brought total funding to $38m, was led by Madrona Venture Group.

The company intends to use the funds to scale production and sales in 2022, and grow the team in Washington and Idaho.

Founder and CEO Brent Frei, TerraClear is applying AI and Robotics to clearing fields of rocks that slow farming and damage equipment. Earlier this year, the company released the first Rock Picker, which enables customers to remove rocks. It works today on a compact track loader or skid steer and will soon be compatible with front-end loaders on tractors. It takes less than five minutes to mount and works in any field condition.

TerraClear’s future product roadmap includes integrating AI and computer vision with a fully autonomous rock picker platform, creating a Roomba for rocks.

The company also offers mapping and clearance services for those looking for a plug and play solution to picking rocks. Working with drone services, TerraClear maps fields, uses AI to locate large rocks and then deploys the Rock Picker to clear the field.

FinSMEs

26/05/2021