The Paris-based startup offers AI-powered hardware that can be mounted onto the roof of a tractor, sprayer, or spreader to automate operations.
US-based Monarch Tractor will use the funding to build its “pilot series” tractors for farmers in its home state of California, Oregon, and Washington.
The Shenzhen-based startup – which produces autonomous rice transplanters, among other things – is also backed by drone company DJI and automaker Dongfeng.
Despite its disastrous impact elsewhere, Covid-19 may have improved the investment outlook for farm robots, according to Saga Robotics’ latest backers.
Solectrac says its biggest challenge is convincing farmers and investors that electric tractors can perform equally to, or better than, diesel models.
Biological innovation is key to the economic & environmental sustainability of CEA