AI-Powered Carbon Robotics Secures $70 Million in High-Profile Series D Round
Making a statement in the robotics and AI revolution, Seattle, Washington-based Carbon Robotics has attracted a whopping $70 million in a Series D investment round, writes Gerelyn Terzo at Global AgInvesting. The fast-growing company will direct the proceeds toward growing its capital-intensive LaserWeeder business, developing software and hardware products, and expanding its manufacturing footprint. Led by new investor BOND, the round also included a lineup of returning backers, not least NVentures, AI darling NVIDIA’s venture capital arm, which also invested back in May.
Other participants in the latest round were Anthos Capital, Fuse Venture Capital, Ignition Partners, Revolution, Sozo Ventures and Voyager Capital, buoying the company’s total fundraising tally to $157 million. Carbon Robotics CEO and Founder Paul Mikesell is cited by GeekWire as sharing that the fundraising will bankroll the company’s domestic and international expansion push into Asia Pacific and Europe as well as its plans to debut a 24,000 square-foot manufacturing plant in Eastern Washington.
Carbon Robotics CEO and Founder Paul Mikesell, a University of Washington alum, stated, “This funding represents a pivotal milestone not just for our company but for farmers and consumers worldwide. 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. I’m excited to have the strong backing of BOND and existing investors like NVentures and to welcome Mood Rowghani to our board.”
Read more at Global AgInvesting.
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