Carbon Robotics secures $70 million in funding
Carbon Robotics, active in AI-powered farming, announced that it has raised $70 million in Series D financing.
The financing was led by new investor Bond with participation from existing investors NVentures (NVIDIA’s venture capital arm), Anthos Capital, Fuse Venture Capital, Ignition Partners, Revolution, Sozo Ventures, and Voyager Capital. This round brings total company funding to $157 million. As part of the financing, Mood Rowghani, general partner at BOND, will join Carbon Robotics’ Board of Directors.
Geographic expansion
This new funding round will help scale Carbon Robotics’ LaserWeeder™ business, introduce new software and hardware products, and expand state-of-the-art manufacturing capabilities in Eastern Washington. It will also support the company’s growth in new markets and continue its expansion into Eastern and Southern Europe, as well as the Asia-Pacific region.
Carbon Robotics offers its AI-powered LaserWeeder. Growers in North America, Europe, and Australia have eliminated more than 10 billion weeds across 100 crop types without the use of chemical herbicides, hand labor, or soil disruption. The funding comes on the heels of Carbon Robotics’ recognition on the CNBC Disruptor 50, Fast Company’s Best Workplaces For Innovators, and the Fortune Change The World lists.
