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Assembly Line
Monarch Tractor Announces $133M Series C Funding - Marking Largest-Ever Raise in Agricultural Robotics
Monarch Tractor, creator of the MK-V, the world’s first fully electric, driver-optional smart tractor and Wingspan Ag Intelligence (WingspanAI) farm management platform, has announced a history-making $133 million Series C, making it the largest funding raising round in agricultural robotics history. Funding was co-led by global impact investor Astanor and HH-CTBC Partnership, L.P., with additional support from prominent investors, including At One Ventures, PMV and The Welvaartsfonds.
The Series C funds will support the further development of Monarch’s cutting-edge AI product offering, expansion of their operational footprint domestically and globally, while enabling the company’s path to profitability. This funding round will support the expansion of Monarch’s digital solutions and AI applications, including the development of Autodrive, Monarch’s autonomous operations feature, for new global markets and crop sectors.