AI-powered farming provider Carbon Robotics has secured US$70m in Series D funding which it will use to introduce new software and hardware products, expand manufacturing capabilities in Eastern Washington, and scale its LaserWeeder solution.
The funding round was led by investor BOND, with support from existing investors NVentures (NVIDIA’s venture capital arm), Anthos Capital, Fuse Venture Capital, Ignition Partners, Revolution, Sozo Ventures, and Voyager Capital.
Carbon Robotics is also planning on expanding into new markets across Eastern and Southern Europe, as well as the Asia-Pacific region.
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, using the company’s LaserWeeder.
Mood Rowghani, general partner at BOND, said: “Carbon Robotics is uniquely positioned to deploy AI to transform the massive agriculture industry at a critical time.”
Adding, Paul Mikesell, CEO and founder of Carbon Robotics said: “This funding represents a pivotal milestone not just for our company but for farmers and consumers worldwide.
Innovations and achievements in AI and robotics in agriculture will be highlighted and celebrated at the second annual Robotics & Automation Awards on 06 November 2024 at De Vere Grand Connaught Rooms in London. Visit www.roboticsandautomationawards.co.uk to learn more about this unmissable industry event – and to book your table!
