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Farms.com Home  › Farm Equipment News

Agtonomy Receives $23 Million in Series A Funding

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

Trending Video

Canola Near $800: The Prairies Tell Two Stories

Video: Canola Near $800: The Prairies Tell Two Stories

On this Cuppa Coffee from What the Futures Podcast, Ryan Denis and guest Chuck compare drowned-out Prairie acres with strong crop potential and explain what that split could mean for canola, wheat, peas, and lentils. They also discuss canola near $786, improving crush basis, rising urea prices, European heat, 2027 spring wheat, and China’s pea starch tariff.
 
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