Farm-ng recently announced successful completion of its Series A funding round, raising over $10 million in capital to support development and deployment of its robotics and AI solutions. Amiga, its modular electric autonomous mobile robot (AMR) with AI computer, is marketed toward small- to mid-sized farms.
Series A funding was led by Acre Venture Partners, with participation from Xplorer Capital, HawkTower, and 10 other institutional and individual investors.
“We made a seed investment in farm-ng because we saw its potential in transforming the farming industry in an immediate way.” said Jonathan McQueen, co-founder and managing partner at Xplorer Capital. “We are excited about the company’s momentum and the success it will realize with this Series A.”
Over 100 Amiga robots deployed in past 18 months
“Farm-ng empowers small- and mid-sized farms with affordable, adaptable robotics and AI solutions so they can adopt more productive, profitable, and sustainable farming practices,” said Ethan Rublee, farm-ng CEO. “This Series A funding will enable us to accelerate manufacturing to meet market demand, fund the development of more autonomous farm capabilities, scale our go-to market, and develop an ecosystem of applications that help farms thrive for generations to come.”
According to Farm-ng, Amiga, the company’s flagship robot, is built for a variety of environments, tasks, and crops. Its software can be integrated into farming applications and customized through developers and partners.
In less than 18 months, over 100 Amiga AMRs have been deployed to execute a range of farming tasks including seeding, precision spraying, pest management, compost spreading, phenotyping, visualization, analysis, and geo-tagged data collection.
“Farm-ng has sold more robots in a short amount of time than nearly any other agtech startup, a testament to the quality of their robotics and AI solutions,” said Lucas Mann, co-founder and managing partner at Acre Venture Partners.
“The company is led by a stellar team who deeply understand these technologies. Their strategy of collaborating with growers, researchers, developers, and partners to define their offerings has put them on farm with incredible speed.” Mann said.
Farm-ng addresses challenges of implementing agricultural robots
Farm-ng is focused on addressing issues the farmers experience implementing robotics and AI solutions. The company aims to deliver three outcomes for its customers:
- Productive, resilient farming operations: With access to farm-ng solutions, farms can reduce manual labor, maintenance, and fuel costs. With automation, they can respond to labor shortages, economic shifts, and climate shocks.
- Inclusive, sustainable farming practices: Amiga can be operated by anyone on a farm. Automation of labor-intensive tasks allows farms to operate more efficiently, increase yields, and invest in sustainable practices that deliver more profit to growers and healthier food to more people.
- Quick ROI with appropriate robotics and AI: Because the farm-ng platform is open and modular, it offers customization options that enable farmers to adapt to various crop types for increased food production. Amiga evolves with the operation over time.
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