Farm
Ecorobotix announced it had raised $150 million, with the latest round led by the investor Highland Europe.
A dated step forward on the record · Company-reported
What the source says
“The latest round was led by Highland Europe, joined by European Circular Bioeconomy Fund (ECBF) and McWin Food Tech Fund.”
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 brought ARA to the United States, showing it for the first time at Farm Tech Days in Wisconsin.
- Ecorobotix raised $52 million (46 million Swiss francs).
- 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.