Monarch Tractor
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Monarch Tractor

https://www.monarchtractor.com/
Last activity: 01.08.2024
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Categories: AgriTechAnalyticsAutomationAutonomousDataIndustryLearnPlatformSmartTechnology
We’ve eliminated diesel fuel and replaced harmful chemicals with mechanical solutions, so our tractor impacts the environment exactly as intended, without side effects. Using state of the art hardware and machine learning, the Monarch is able to autonomously use implements, identify and eliminate plant ailments, and estimate yields. Our tractor platform acts as a full data collection and analysis suite, enhancing existing growing operations and providing superior precision to farmers globally. Despite it’s cutting edge tech, the Monarch still has best in class plow, till, and hauling capabilities.
Likes
1.65K
Followers
4.9K
Website visits
18.8K /mo.
Mentions
34
Location: United States, California, Livermore
Employees: 51-200
Total raised: $214M
Founded date: 2017

Investors 10

Funding Rounds 3

DateSeriesAmountInvestors
23.07.2024Series C$133M-
17.11.2021Series B$61M-
16.03.2021Series A$20M-

Mentions in press and media 34

DateTitleDescription
01.08.2024Superfruit Startup Agrovision Minted Agtech’s Newest Unicorn1 Shares Email Facebook Twitter LinkedIn Agtech has been on a little bit of a roll of late when it comes to startups locking up big rounds Los Angeles-based Agrovision is the latest. The agtech startup locked up a $100 million round at a va...
31.07.2024Flush with new funding, Monarch gears up for expansion: ‘It’s more than a matter of selling autonomous tractors’Deploying autonomous agtech vehicles at scale requires much more than putting machines in the field, according to Monarch Tractor founder and CEO Praveen Penmetsa. Besides the autonomous tractors themselves, the company has to build up regi...
27.07.2024Micropep's Leap: Transforming Agriculture with Micropeptide InnovationIn the world of agriculture, innovation is the lifeblood. It’s the spark that ignites change. Micropep Technologies is a shining example of this principle. Recently, the company secured $29 million in Series B funding, pushing its total fun...
26.07.2024The Week’s 10 Biggest Funding Rounds: Space Tech Startup Astranis Tops List5 Shares Email Facebook Twitter LinkedIn Want to keep track of the largest startup funding deals in 2024 with our curated list of $100 million-plus venture deals to U.S.-based companies? Check out The Crunchbase Megadeals Board. This is a w...
25.07.2024The Rise of Electric Farming: Monarch Tractor's Bold Leap into the Future** **** In the heart of California, a revolution is brewing. Monarch Tractor, a pioneer in the agricultural technology sector, has just secured a staggering $133 million in Series C funding. This infusion of capital is not just a financial boost...
25.07.2024The Rise of Farm Robotics: A New Era in Agriculture** **** The agricultural landscape is changing. Like a field awakening at dawn, the farm robotics sector is blossoming, even amid economic challenges. In 2024, the sector has raised nearly $399 million, a drop from the previous year but still a ...
25.07.2024The Rise of Farm Robotics: Navigating Challenges and Opportunities in 2024** **** The agricultural landscape is undergoing a seismic shift. Farm robotics is at the forefront of this transformation. In 2024, the sector is grappling with funding challenges but is also witnessing a surge in innovation. As labor costs ris...
25.07.2024The Rise of Farm Robotics: Navigating a New Era in Agriculture** **** The agricultural landscape is changing. Like a field being tilled for the first time, the farm robotics sector is breaking new ground. In 2024, despite a challenging fundraising environment, this sector is showing resilience and innovati...
25.07.2024Monarch Tractor: Pioneering the Future of Farming with $133 Million in New Funding** **** In the world of agriculture, change is often slow. But Monarch Tractor is a breath of fresh air. The company recently announced a monumental $133 million in Series C funding, setting a record in agricultural robotics. This isn’t just a n...
25.07.2024The Week in AgriFoodTech: Micropep raises $29m, Oceano Fresco reels in $18m, Juicy Marbles serves up edible (plant based) bonesThis week saw a greater number of agtech fundraises than normal, which is a bright spot considering how tough the current fundraising environment is. In addition to Monarch Tractor’s mega-raise, Micropep raised new capital to fuel its biope...
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