Autotech Ventures
Assembly Line
Agtonomy Closes $32.8M Series A to Accelerate AI-Driven Automation in Agriculture and Expand into Autonomous Industrial Equipment
Agtonomy, the pioneer in AI-enabled automation software for agriculture and land maintenance, has raised an additional $10M to close its Series A round, bringing total funding to $32.8M. This significant investment, combined with Agtonomy’s commercial offerings and scalable business model, positions the company for accelerated growth and market expansion over the next few years. Autotech Ventures, the leading mobility venture fund, led the round. New investors include Rethink Food, Allison Transmission, and Black Forest Ventures. Existing backers Toyota Ventures, Flybridge, and Cavallo Partners continued their support.
Agtonomy’s immediate growth plans include scaling its West Coast technical team into new markets, expanding its 2025 paid pilot program for permanent crops by 500 percent, and developing technology solutions for other industrial markets that seek world-class automation to improve margins.
GenLogs Industry-First Freight Tracking
Freight brokers face two significant challenges when moving freight by truck: fragmentation and fraud. Trucking is one of the most fragmented industries in the U.S., with millions of trucks crisscrossing the nation’s highways daily. Securing the right truck at the right time remains a legacy problem, exacerbated in recent years by the sharp rise in fraud and theft from posting loads on public load boards.
Virginia-based GenLogs is tackling both issues by developing a nationwide network of roadside sensors that passively collect data on truck movements and extract key details, such as the U.S. Department of Transportation (USDOT) and motor carrier (MC) numbers, as well as the equipment types and logos – all in real-time. This approach provides comprehensive, end-to-end visibility of trucks without the need for hardware installation, device integration, or an app. The data is available via a user interface or ingestible via API for access in a freight broker’s transportation management system (TMS).
Investors see the significant impact GenLogs can have on the U.S. supply chain. In April, GenLogs closed a seed round led by Autotech Ventures and Steel Atlas with participation from Venture53, TitletownTech, Plug and Play Ventures, BBQ Capital, ASC Ventures, and JHH Ventures. GenLogs has raised more than $6 million and plans to use this funding to expand its sensor network and a suite of computer vision models to provide customers with an omniscient view of the transportation industry.