Greenzie, an Atlanta, GA-based autonomous software company for commercial lawn mowers and outdoor power equipment, closed an $8 million corporate strategic round.
The round was led by Atlanta Ventures and included a strategic investment by Bobcat Company.
The additional capital will allow Greenzie to grow its first-class engineering team, add additional manufacturers to the Robotic Ready™ program, and continue to grow its fleet of robotic workers already deployed with customers in the field.
The strategic investment by Bobcat will help further boost these relationships across the industry.
"We are thrilled to close our largest round yet and include strategic investments by a strong partner like Bobcat," said Charles Brian Quinn, Greenzie CEO and co-founder. "Atlanta Ventures invested again to lead this round and many existing investors, including myself, continue to believe in what the tremendous team at Greenzie is capable of."
Greenzie partners with manufacturers, working alongside them to incorporate the autonomous mowing software onto their established mowing platforms. Mowing is one of the most autonomous-ready applications with low-speed, off-road, and geo-fenced usage, giving landscapers full-day labor productivity gains and efficiency increases over manual mowing.
Wright Manufacturing and Mean Green Mowers are inaugural members of Robotic Ready™, with other OEMs coming online this year.
Company: Greenzie LLC
Raised: $8.0M
Round: Strategic Round
Funding Month: October 2022
Lead Investors: Atlanta Ventures
Additional Investors: Bobcat Company
Company Website: https://www.greenzie.com/
Software Category: Autonomous Software
About the Company: Founded in 2018, Greenzie is an autonomous software company that provides software for outdoor robotics and builds software for autonomous robotic commercial lawnmowers. Greenzie is driven by the mission of freeing humans from repetitive outdoor labor. Its Robotic Ready™ program allows manufacturers to up-fit mowers with soon-to-be industry-standard autonomous mowing functionality. Its software and off-the-shelf sensors make commercial zero turn mowers Robotic Ready™ -- enabling aftermarket autopilot (Autostriping) to reduce the labor cost of lawn maintenance. Greenzie is a startup based in Atlanta, GA.
Source: https://www.prnewswire.com/news-releases/greenzie-closes-8m-round-includes-strategic-investment-by-bobcat-301649826.html