Farm
Ecorobotix raised $52 million (46 million Swiss francs).
A dated step forward on the record · Company-reported
What the source says
“announced the completion of a $52 million (CHF 46 million) funding round”
What it means
ARA, from Ecorobotix, is at stage 4 of 5 on our ladder: paying customers. Its stage is set by other milestones on its record; this one adds to the history. This line rests on the company's own announcement; no regulator, customer or independent report confirms it in our sources yet.
Human help: The maker hasn't said whether people help it remotely.
More on ARA
- Ecorobotix said ARA sprayers for US farms would now be assembled in Lyons, Kansas, as part of a $50 million investment.
- Ecorobotix announced it had raised $150 million, with the latest round led by the investor Highland Europe.
- Ecorobotix brought ARA to the United States, showing it for the first time at Farm Tech Days in Wisconsin.
- The company said it had customers in 15 European markets.
- ARA went on sale in 2021 and was then used in 13 European countries, Ecorobotix said.