Another one of Emmertech's outstanding robotics companies has closed a $30M financing SwarmFarm Robotics. Andrew Bate and Jocie Bate embody the best of AgTech Founders - as farmers themselves, they deeply understand the problem they are solving and deliver real ROI for their customers. AgTech robotics has truly arrived as investors build conviction in its ability to address labour issues, reduce farm operating costs, and scale with sustainable unit economics. Emmertech's three AgTech robotics companies have raised ~$100M in aggregate over the past year on the back of tremendous commercial growth. Congratulations to SwarmFarm and welcome to our new investor partners Edaphon and Clean Energy Finance Corporation. It's a great team to join with Tenacious Ventures Artesian (Alternative Investments) Tribe Global Ventures and QIC. Excited for the next growth chapter - including the North American expansion - for this great AgTech company! Erin Trapp, CFA Rob Russell https://lnkd.in/gVQkEme2
Great news!
SVP & Canada Market Manager at Comerica Bank
1wCongrats Kyle!!