ReGen Ventures
Assembly Line
BurnBot Secures $20M in Series A Funding to Prevent Destructive Wildfires with Mechanized Vegetation Management
BurnBot, announced it has raised $20 million in financing to expand its mechanized vegetation management and fuel treatment solutions to prevent destructive wildfires. The round was led by ReGen Ventures, with participation from Toyota Ventures, AmFam Ventures, Convective Capital, Blue Forest Asset Management, Skip Capital, Overture Ventures, Lowercarbon Capital and Pathbreaker Ventures.
To amplify prescribed fire capacity, BurnBot developed the RX, a mechanized prescribed fire system that precisely deploys fire within an enclosed chamber, cooling the land as it moves. “Our technology is a force multiplier, enabling small crews to treat areas 10X faster and more efficiently. We know that fire is an effective and ecological way to manage fuel buildup and we designed the RX to operate with minimal smoke and escape risk, so it’s safe for use year-round, even near communities and critical infrastructure. This investment will allow us to expand our technology development and operations, and we’re excited to make a positive impact,” said Waleed “Lee” Haddad, Co-Founder and CTO of BurnBot.
Aigen's $12M Series A Unleashes True-Solar Agriculture Robots
Aigen, an AI-driven robotics company, closed $12 million in Series A financing from leading investor ReGen Ventures along with NEA, Cleveland Avenue, Incite, and Susquehanna Private Equity Investments LLLP. The funding expands Aigen’s manufacturing capacity to meet high pre-order demand and create a new agricultural era that is both sustainable and scalable.
Founded in 2020, Aigen is the only agricultural technology company developing truly solar-powered autonomous robots for crop management without chemicals or fossil fuels. The Aigen Element robots combine LTE connectivity with the cutting edge of AI, ML, solar, and battery technology to create a reliable, sustainable product that saves farmers time and money.