Funding Details
- Awarder
- RSS - techfundingnews.com
- Date Award
- July 23, 2024
- Vertical
- Agri Robotics
- Funding URL
- View Funding Page
- Premoney Valuation
-
$87,000,000
- Valuation
-
$220,000,000
Company Info
- Founding Year
- 2017
- Traction
- Monarch Tractor has deployed over 400 MK-V tractors, resulting in more than 850 tonnes of harmful CO2 emissions offset across 42,000 hours of tractor operations.
- Organizations Involved
- None
- Founders
- Praveen Penmetsa, Carlo Mondavi, Mark Schwager, Zachary Omohundro
- Company Description
- Monarch Tractor creates fully electric, autonomous tractors designed to enhance productivity, sustainability, and safety in agriculture.
- Market
- Agriculture
- Location
-
None,
California,
US
- Coinvestors
- Astanor, HH-CTBC Partnership, At One Ventures, PMV, The Welvaartsfonds
Links