Verdant Robotics announced the close of a $46.5 million Series A funding to scale its robotic weeding service technology and accelerate broad adoption of its regenerative and precision ag solutions.
Lead investor Cleveland Avenue was joined by DCVC Bio, Future Ventures, SeaX Ventures and all existing investors, including Autotech Ventures, Cavallo Ventures, and AgFunder.
Verdant Robotics offers a robotic weeding service to weed specialty crops like carrots with a multi-action three-point weeding robot that can spray, fertilise and laser weeds.
The company has developed a tractor mounted implement able to tackle weeds to millimetre-accurate precision with crop protection liquids and laser while modelling the crop on the go. The technology is offered through a Robotics-as-a-service (RaaS) model to American farmers and growers.
Verdant Robotics says commercial Robotics-as-a-Service is in high demand, with the company actively servicing a wide variety of specialty crops on thousands of acres with orders pending for tens of thousands of additional acres.
The investment is to enable Verdant to rapidly scale its robotic weeding service fleet while developing next generation products that massively increase RaaS efficiency. Verdant claims its multi-action, autonomous platform is the only ag robot in the U.S. market that can simultaneously weed, fertilise, and treat plants for pests and diseases – all while collecting data on each plant allowing farmers to make key decisions in real time.