Mach, the leading Tier 1 supplier of full-stack autonomy solutions for off-road equipment, today announced two concurrent milestones that signal a major acceleration in its market leadership: the close of a $7M funding round and key partnerships with leading OEMs in Agriculture, Defense, and Landcare.
The funding round was led by The Venture Collective (TVC), with participation from Next Level Ventures and Midwest Growth Partners.The capital will be used to scale production and support Mach’s growing ecosystem of more than 25 OEM partners, who are integrating Mach’s proven autonomy platform to deliver next-generation solutions to their customers.
Off-road industries face new challenges, including labor shortages and increased demands for safety and efficiency. Mach addresses these issues with a proven autonomy platform, boasting 500,000 driverless miles and 250,000 hours in the field. This hardware and software solution empowers leading equipment manufacturers to accelerate product development and ensure performance in the most demanding environments.
Validating its expansion into new global markets, Mach is also excited to announce several new key partnerships with a diverse slate of industry leading OEMs. German ag and landcare titan Amazone, Croatian defense robotics firm Dok-Ing, and U.S. industrial equipment giant Alamo Group.
"For over a century, Amazone has been synonymous with quality and innovation in agricultural and groundcare technology. Our customers in professional landscaping and turf management face increasing demands for efficiency and are challenged by labor shortages. Automation is the clear solution. We chose to partner with Mach because their proven, full-stack autonomy platform provides the fastest and most reliable path to bringing intelligent, autonomous capabilities to our machines. This collaboration will allow us to deliver the next generation of high-performance equipment our customers expect from the Amazone brand,” said Axel Graner, Product-/Export Manager at Amazonen-Werke H. Dreyer SE & Co. KG.
"Having previously built and scaled a tractor autonomy company, I know firsthand that OEMs need a single, trusted partner to de-risk their path to autonomy," said Colin Hurd, CEO of Mach."This funding isn't about proving our technology—we've already done that over hundreds of thousands of hours in the field. It’s about leveraging our horizontal expertise across a broad set of industries to give our OEM partners the highest quality and quickest path to a commercial solution. We provide the foundational platform adapted to their machinery in unique ways to deliver exactly what customers in the field need."
Click here to see more...