Making waves in the robotics and AI revolution, Seattle-based Carbon Robotics has secured a substantial $70 million in a Series D funding round. This fast-scaling company plans to channel the investment toward expanding its capital-intensive LaserWeeder operations, accelerating the development of advanced software and hardware products, and enhancing its manufacturing footprint. BOND, a new investor, led the round, accompanied by a roster of returning backers, including NVentures, which initially invested in May.
Joining the latest funding round were Anthos Capital, Fuse Venture Capital, Ignition Partners, Revolution, Sozo Ventures, and Voyager Capital, collectively propelling Carbon Robotics' total raised capital to $157 million. According to GeekWire, CEO and Founder Paul Mikesell they indicated that these funds would fuel the company's ambitions for both domestic growth and international expansion, particularly into the Asia-Pacific and European markets. The plan also includes launching a 24,000-square-foot manufacturing facility in Eastern Washington.
While robotics and AI are no strangers to agriculture, Carbon Robotics has taken a unique approach that's rapidly gaining traction. Their LaserWeeder system, used by farmers across North America, Europe, and Australia, has helped eliminate billions of weeds from various crops—all without relying on chemical herbicides, manual labor, or disruptive soil practices.
Departing from the more common robots-as-a-service model seen in agtech, Carbon Robotics sells its products directly to farmers. Its LaserWeeder employs a blend of computer vision and AI deep learning to identify and remove weeds in real time with precision-targeted laser technology. The company highlights several benefits of this approach, such as reduced farming costs, higher crop yields, and enhanced soil health.
With Bond Capital—known for investments in giants like Uber, Spotify, and Block—now in its corner, Carbon Robotics gains both capital and strategic guidance. Bond General Partner Mood Rowghani, who co-founded the firm in 2019, joins the Carbon Robotics board, bringing a seasoned perspective to the company's ambitious path forward.
Bond's Rowghani commented, "Carbon Robotics is uniquely positioned to deploy AI to transform the massive agriculture industry at a critical time. Its proven ability to execute and scale, combined with a visionary leadership team, makes it a clear standout in the space. This investment reflects our strong conviction in the central role Carbon Robotics will play in shaping the future of farming."
Comments