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agtonomy

Agtonomy raises another $5 million to develop technology platform for local agriculture

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Agtonomy, a hybrid autonomy and tele-assist service platform, has raised an additional $5 million in Seed II funding from strategic and venture investors Toyota Ventures, Flybridge, Hampton VC, E²JDJ and Momenta, for a total of $9 million in seed funding to date.

The startup, which is developing a platform for local agriculture, raised $4 million in its seed round from Grit Ventures, GV (formerly called Google Ventures), and Village Global, the venture firm backed by some of the world’s most successful entrepreneurs including Bill Gates, Jeff Bezos, and Michael Dell, in September last year.

This latest round will be used to accelerate development and trials of the Agtonomy platform to address the growing labor and sustainability challenges facing local agriculture. [Read more…] about Agtonomy raises another $5 million to develop technology platform for local agriculture

Agtonomy launches out of stealth to address farm labor crisis with $4 million

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Agtonomy, a hybrid autonomy and tele-assist service platform, has launched out of stealth and has announced a $4 million seed round from Grit Ventures, GV (formerly Google Ventures), and Village Global, the venture firm backed by some of the world’s most successful entrepreneurs including Bill Gates, Jeff Bezos, and Michael Dell.

The Agtonomy mission is to address the massive labor crisis gripping local farm and land maintenance operations. The executive team consists of veterans from the AI, EV, cloud service and agriculture industries, with extensive experience at tech companies like Apple, Microsoft, Google, Dell, Uber and Cruise, as well as lifelong farming experience at Northern California agriculture operations such as Trattore Farms.

By 2050, the United Nations Food and Agriculture Organization predicts that we will need to produce 60 percent more food on a smaller amount of land just to feed a growing global population of 9.3 billion. [Read more…] about Agtonomy launches out of stealth to address farm labor crisis with $4 million