Carbon Robotics, a Seattle, WA-based agriculture robotics company, raised $27m in Series B financing.
Backers included Anthos Capital, Ignition Partners, Fuse Venture Capital, Voyager Capital, Bolt and Liquid2 Ventures.
The company, which has raised $36m in overall funding, intends to use the funds to scale production of its products, grow its engineering team, establish regional sales and support for customers across the U.S. and invest in the innovation of new products and technology.
Founded in 2018 by Paul Mikesell, CEO, Carbon Robotics provides the Autonomous Weeder, an autonomous robot that utilizes high-power lasers to eradicate weeds through thermal energy, without disturbing the soil. The robot allows farmers to use less herbicides and reduce labor to remove unwanted plants while improving the reliability and predictability of costs, crop yield and more.
By leveraging artificial intelligence and laser technology, the company’s approach aims to improve crop yield, provide safer working conditions for farmers, reduce overall costs associated with modern farming, and create sustainable paths to regenerative and organic produce.
With 263 herbicide-resistant species across 71 countries, the company has seen a high demand for its products, securing a number of marquee growers and bookings that exceed $20 million. Farms that have ordered laser-weeding units include Grimmway Farms, Carzalia Valley Produce, Mercer Ranches, Taylor Farms, Triangle Farms, Terranova Ranch, Bowles Farming Co, Braga Ranch, Duncan Family Farms and Amigo Farms.
Carbon Robotics has sold out of its 2021 and 2022 models and has begun accepting orders for 2023.
As a part of the financing, the company added Eric Scollard as Strategic Sales Advisor to support the company’s growth trajectory. In his role, Scollard will focus on developing strategic expansion initiatives that will enable Carbon Robotics to effectively scale distribution of the Autonomous Weeders and future products. Scollard will also support the development of the sales and regional support teams.
FinSMEs
01/09/2021