Carbon Robotics, a frontrunner in AI-driven agriculture, has announced the successful completion of a $70 million Series D funding round. This financing was spearheaded by new investor BOND, with significant contributions from existing investors including NVentures (the venture capital arm of NVIDIA), Anthos Capital, Fuse Venture Capital, Ignition Partners, Revolution, Sozo Ventures, and Voyager Capital. With this latest round, the company has raised a total of $157 million in funding.
As part of this financing, Mood Rowghani, a general partner at BOND, will join the Board of Directors at Carbon Robotics. The newly acquired funds will be instrumental in scaling the company’s LaserWeeder™ operations, launching new software and hardware products, and enhancing advanced manufacturing capabilities in Eastern Washington. Additionally, the funding will facilitate the company’s expansion into new markets, particularly in Eastern and Southern Europe, as well as the Asia-Pacific region.
“Carbon Robotics is uniquely positioned to deploy AI to transform the massive agriculture industry at a critical time,” remarked Mood Rowghani. “Its proven ability to execute and scale, along with a visionary leadership team, sets it apart in this space. This investment reflects our strong belief in the pivotal role Carbon Robotics will play in the future of farming.”
With its innovative AI-powered LaserWeeder, Carbon Robotics has quickly established itself as a leader in agricultural technology. Growers across North America, Europe, and Australia have successfully eradicated over 10 billion weeds across 100 crop types without relying on chemical herbicides, manual labor, or soil disruption.
“This funding marks a significant milestone not only for our company but also for farmers and consumers globally,” stated Paul Mikesell, CEO and founder of Carbon Robotics. “We are at the forefront of a transformative shift in agriculture, and this investment accelerates our mission to advance AI and robotics that will redefine farming for generations. We’re thrilled to have the robust support of BOND and our existing investors, as well as to welcome Mood Rowghani to our Board.”
This funding announcement follows Carbon Robotics’ recent recognition on the CNBC Disruptor 50, Fast Company’s Best Workplaces For Innovators, and the Fortune Change The World lists. These accolades highlight the team’s commitment to innovation and its potential to foster a more sustainable and prosperous agricultural future.
