Venture capital firm Momenta announced today that they have led the Series A funding round for Agtonomy, a software and services company specializing in advanced autonomous and AI solutions for agriculture. The $22.5 million round was joined by strategic investors Doosan Bobcat North America, Inc. and Toyota Ventures.
Agtonomy will invest the funds to expand their customer pilot program and accelerate the development of their offerings.
Bobcat Company partnered with Agtonomy in February 2023 to collaborate and create new ways of enhancing Bobcat equipment for increased productivity and performance and announced a strategic investment in Agtonomy in June 2023.
Source : Farm Equipment