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About Agtonomy
Industries
Food & Agriculture
AI & Machine Learning
Company Size
51-200
Company Stage
Series A
Total Funding
$55M
Headquarters
San Francisco, California
Founded
2021
Overview
Agtonomy focuses on improving farming through technology with its product, TeleFarmer. TeleFarmer is an autonomous device that helps farmers perform various labor-intensive tasks, even in difficult terrains, which lessens their physical workload. Accompanying the device is an app that enables farmers to plan tasks, assign them, monitor progress, and review performance reports easily. This combination of hardware and software allows for more efficient management of agricultural fields. Agtonomy stands out from competitors by offering a trial of their solution, allowing potential customers to experience its benefits before committing to a purchase. The company's goal is to enhance farming efficiency and profitability, making it easier for farmers to manage their operations.
Simplify's Take
What believers are saying
- Agtonomy raised $32.8 million in Series A funding for growth and expansion.
- Partnership with Doosan Bobcat boosts agricultural productivity through autonomous equipment innovations.
- Smart Farm Task Ecosystem connects tractors and tools, improving field efficiency and sustainability.
What critics are saying
- Increased competition from well-funded autonomous technology companies may overshadow Agtonomy.
- Dependency on partnerships with equipment developers poses risks if partnerships end.
- Reliance on TeleFarmer limits revenue diversification and increases market vulnerability.
What makes Agtonomy unique
- Agtonomy transforms traditional tractors into autonomous machines, enhancing farming efficiency.
- TeleFarmer offers a user-friendly app for task management and performance monitoring.
- Partnerships with equipment developers enable rapid scaling of autonomous solutions.
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Funding
Total Funding
$55M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Stock Options
Commuter Benefits
Flexible Spending Account/Flexible Spending Account
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 4%Since launching, Agtonomy has launched TeleFarmer, which allows farmers to control various tasks through a an app, secured a partnership with Doosan Bobcat, and showcased its wares at events like World Ag Expo.
Robotics investments topped $7.4 billion for the month of October 2024, the result of 77 funding rounds. The investment total was led by Waymo’s $5.6 billion raise, which is the largest single round of the year through November. October’s total was the largest through the first 10 months of the year. The previous monthly high was the $3.7 billion raised in September 2024. The total investment for the period of January through October 2024 was more than $20 billion. Developers of autonomous driving technologies once again dominated the list of largest investments for the month
Sterling Anderson, a Silicon Valley icon who led the team that created the original Tesla Autopilot and co-founded the leading independent developer of on-road autonomy, will join Agtonomy's diverse Board of Directors.
Silicon Legal represented Toyota Ventures as they joined Agtonomy's $32.8 million Series A round.
Agtonomy, a pioneer in AI-enabled automation software for agriculture and land maintenance, has successfully closed its Series A funding round with an additional $10 million, bringing the total to $32.8 million.
Agtonomy is Hiring for 17 Jobs on Simplify!
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About Agtonomy
Industries
Food & Agriculture
AI & Machine Learning
Company Size
51-200
Company Stage
Series A
Total Funding
$55M
Headquarters
San Francisco, California
Founded
2021
Agtonomy is Hiring for 17 Jobs on Simplify!
Find jobs on Simplify and start your career today