Harvest Automation raises $11.75M in Series C financing

Harvest Automation

Agricultural robotics company Harvest Automation reported today that it has successfully raised $11.75 million in Series C financing.

The Massachusetts-based company says the funds will be used to further commercialize the HV-100, its flagship product. HV-100 robots are designed for greenhouse, hoop house and nursery environments, where, as you would expect, they perform the most physically demanding and repetitive tasks.

“We are seeing strong product validation with first customers and are excited to continue our efforts to bring smart, mobile, adaptive robotics into agriculture, a market that is not only large in scale, but could significantly benefit by deploying automation to work alongside people,” John Kawola, CEO of Harvest Automation, said in a statement.

Mousse Partners Limited led the round, which also included existing investors Life Sciences Partners, Cultivian, Founder Collective, Entrée Capital and MassVentures. Ed Zysik, vice president at Mousse Partners Limited, will join the Harvest Automation Board of Directors.

The company reported $4 million in Series A financing at the beginning of 2010 and $7.8 million in a Series B round in November of the following year.

See below for a video of the robots in action:

[ photo courtesy of Harvest Automation ]

 

Print Friendly

Leave a Reply

Your email address will not be published. Required fields are marked *