Seattle-based, Carbon Robotics, announced that it has raised $70 million in Series D financing for its LaserWeeder product, which combines computer vision and artificial intelligence to identify and kill weeds with high-powered lasers.
Large farming operations in California like Grimmway Farms, Braga Farms, Taylor Farms, and Cal-Organic Farms are already benefitting from this technology. The lastest funding round, lead by a new investor BOND, brings the company's total funding $157 million since its inception in 2018.
“This funding represents a pivotal milestone not just for our company but for farmers and consumers worldwide,” Paul Mikesell, CEO and founder of Carbon Robotics, said in a statement. “We’re leading a transformative shift, and this investment accelerates our ability to pioneer AI and robotics that will reshape farming for generations to come.”
As part of the latest financing round, Mood Rowghani, general partner at BOND, will also join Carbon Robotics’ board of directors.
According to the press release, "Carbon Robotics has quickly emerged as the innovation leader in the agricultural industry with its AI-powered LaserWeeder. Growers in North America, Europe, and Australia have eliminated more than 10 billion weeds across 100 crop types without the use of chemical herbicides, hand labor, or soil disruption".
“Carbon Robotics is uniquely positioned to deploy AI to transform the massive agriculture industry at a critical time,” Rowghani said in a statement. “This investment reflects our strong conviction in the central role Carbon Robotics will play in shaping the future of farming.”
About Carbon Robotics
Carbon Robotics, a leader in AI-powered farming, empowers farmers to cut costs, increase production and boost profits with precision agriculture products. Its award-winning LaserWeeder combines computer vision, AI deep learning technology, robotics and lasers to identify and eliminate weeds with millimeter accuracy, cutting weed control costs by 80% and increasing crop yield and quality. LaserWeeders are in operation by leading growers across the U.S., Canada, Europe, and Australia.
