Saga Robotics, the company behind Thorvald, the robotic platform for growing and harvesting grapevine and strawberries, has raised $11.2 million in equity capital to scale its commercial operations in the UK and US.
The raise marks a pivotal moment as the company transitions from initial market traction to large-scale commercial adoption.
The round was backed by a strong mix of new and existing investors, including Praesidium Agri-FoodTech, a Luxembourg-based VC fund focused on scalable agtech solutions. [Read more…] about Saga Robotics raises $11.2 million to commercialize its agricultural robot