Carbon Robotics, a leading innovator in AI-powered farming solutions, has successfully raised $70 million in a Series D funding round. The investment, spearheaded by BOND and featuring participation from existing investors like NVentures, Anthos Capital, and others, marks a significant milestone in the company’s mission to reshape agricultural practices through advanced technology. This funding will accelerate the growth of Carbon Robotics' flagship product, the LaserWeeder™, and facilitate the introduction of new software and hardware solutions, alongside expanding its manufacturing capabilities.

Investment Overview

The $70 million Series D financing round brings the total funding for Carbon Robotics to $157 million since its inception. The new investment round also sees Mood Rowghani, a general partner at BOND, joining the company's Board of Directors, further strengthening its leadership team. “Carbon Robotics is uniquely positioned to deploy AI to transform the massive agriculture industry at a critical time,” said Rowghani, praising the company’s capability to execute its vision effectively.

The Need for Innovation in Agriculture

As the agriculture sector faces mounting challenges—from rising operational costs to labor shortages—the need for innovative solutions has never been more critical. Traditional farming methods have proven insufficient to meet the demands of modern agriculture, which relies heavily on manual labor and chemical herbicides. With its AI-powered LaserWeeder, Carbon Robotics is at the forefront of a movement to integrate technology into farming processes, helping growers eliminate weeds without harmful chemicals or labor-intensive practices.

Since the introduction of the LaserWeeder, growers across North America, Europe, and Australia have collectively removed over 10 billion weeds from more than 100 crop types. This cutting-edge technology not only minimizes environmental impact but also enhances crop yields and quality, proving to be a game-changer for farmers.

Future Plans and Market Expansion

The latest funding will enable Carbon Robotics to scale its LaserWeeder business, expand its manufacturing capabilities in Eastern Washington, and introduce new software and hardware products tailored to meet the needs of the agricultural market. Additionally, the company plans to pursue growth opportunities in Eastern and Southern Europe and the Asia-Pacific region, capitalizing on the surging demand for efficient and sustainable farming solutions.

“We’re leading a transformative shift, and this investment accelerates our ability to pioneer AI and robotics that will reshape farming for generations to come,” said Paul Mikesell, the founder and CEO of Carbon Robotics. The CEO expressed excitement over the backing of strong investors like BOND and NVentures, emphasizing their commitment to a sustainable future for agriculture.

Recognition and Industry Impact

Carbon Robotics' innovative approach to farming has not gone unnoticed. The company has recently been featured in several prestigious lists, including the CNBC Disruptor 50 and Fast Company’s Best Workplaces For Innovators. These recognitions reflect the company’s passion for innovation and its dedication to creating sustainable agricultural practices.

As farming becomes increasingly reliant on technology, Carbon Robotics stands out as a leader in the field, combining computer vision, AI deep learning, and robotics to revolutionize how farmers approach weed control. The LaserWeeder not only slashes weed control costs by up to 80% but also increases overall crop yield, making it an invaluable tool for modern agriculture.

With its recent Series D funding round, Carbon Robotics is poised to significantly impact the agricultural landscape. The investment will fuel growth in its LaserWeeder business, support the development of new technologies, and enhance its manufacturing capabilities. As the company continues to innovate and expand, it remains committed to transforming the agricultural industry for the better, paving the way for more efficient and sustainable farming practices.