Advanced Farm Technologies Completes $25 Million in Series B  

by Kay Aloha Villamor in September 23rd, 2021

Advanced Farm Technologies, Inc., a Davis, California-based developer of robotic technology for farmers, completed a series B round raising $25 million to support the company’s growth in strawberry harvesting and the adaptation of its technology to apple harvesting.

The Series B funding round was led by Catapult Ventures and included all the Series A investors: Kubota Corporation, Yamaha Motor Corporation, and Impact Ventures.

“With this latest investment round, the company can scale its team and robotic technology, to expand market share and adapt its technology for new crops, to deliver on the promise of automated harvesting for 21st-century farming.”

Company: Advanced Farm Technologies, Inc.

Raised: $25.0M

Round: Series B

Funding Month: September 2021

Lead Investors: Catapult Venture

Additional Investors: Kubota Corporation, Yamaha Motor Corporation, and Impact Ventures

Company Website: https://www.advanced.farm/

Software Category: Advance farming

About the Company: Advanced Farm Technologies develops robotic technology for farmers. In 2019, Advanced Farm became the first U.S. company to commercialize robotic strawberry harvesting, bringing fresh fruit to market using its innovative T-6 platform designed specifically for soil-planted beds. With more than $70 million in customer commitments, Advanced Farm is working to innovate its technology through collaborative partnerships, including one with the U.C. Davis breeding program, to develop a full spectrum of automated solutions for in-field strawberry harvesting from picking to sorting and packing.

Source: https://www.advanced.farm/news-and-notes/seriesb25m


Your cart
    Checkout