Carbon Robotics Secures $70M Series D to Fuel Expansion

The capital will help fuel expansion into markets across Europe and the Asia-Pacific region.

Published on Oct. 22, 2024
Carbon Robotics' CEO Paul Mikesell. | Photo: Carbon Robotics
Carbon Robotics' CEO Paul Mikesell. | Photo: Carbon Robotics

Carbon Robotics has raised $70 million in a Series D investment round led by BOND. The company specializes in AI-powered agricultural technology, focusing on enhancing farming efficiency and profitability. 

Its main product, the LaserWeeder, employs computer vision, AI, robotics and lasers to precisely target and eliminate weeds, helping improve crop yields and reduce costs for farmers across the U.S., Canada, Europe and Australia. The investment will help scale up Carbon Robotics’ LaserWeeder business and develop new software and hardware products. 

Additionally, the new capital will help expand the company’s manufacturing capabilities in Eastern Washington to meet increasing demand. Carbon Robotics will also invest in expanding into new geographical markets, including Eastern and Southern Europe and the Asia-Pacific region.

This article was written by Writer, a generative AI tool, using information from press releases and company blogs provided by our staff. All content was reviewed by a Built In editor and went through a fact-checking process to ensure accuracy. Errors can be reported to our team at [email protected]. This story was reviewed and edited by Ashley Bowden.

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