Monarch Tractor (Series C)
Funding Details
Awarder
RSS - climateinsider.com
Date Award
August 2, 2024
Vertical
Agricultural Robotics
Funding URL
View Funding Page
Funding Amount
$133,000,000
Company Info
Traction
Monarch has deployed more than 400 MK-V tractors, resulting in over 850 tonnes of CO2 emissions offset across 42,000 hours of tractor operations.
Founders
Praveen Penmetsa
Market
Agriculture
Location
US
Coinvestors
Astanor, HH-CTBC Partnership, L.P., At One Ventures, PMV, The Welvaartsfonds
Company Description

Monarch Tractor creates fully electric, autonomous tractors designed to enhance productivity, sustainability, and safety in agriculture.

Links
WebsiteCrunchbaseLinkedInTwitter
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