cit_97817_2022-harvest-report_r4-digital_prod

2022 SPECIALTY CROP AUTOMATION REPORT

MOST REPEAT RESPONDENTS HAVE RAISED ADDITIONAL FUNDS SINCE 2021 Total funding raised to date, repeat respondents [$M]

Last funding round completed

2021

2022

Naio Technologies

Weeding & Thinning

53.0

Series A

Series B

20.0

Series A

Series A

46.5

Verdant Robotics

11.5

37.0 37.0

Advanced Farms

Series A

Series A

34.2

Tortuga AgTech

Series B

Series B

11.3

7.3 7.0

Four Growers

Seed

Seed

Harvest 7.0v

Mycionics

6.0 6.0

Seed

Seed

Seed

Seed

5.5

Muddy Machines

1.5

Seed

Seed

0.8

Ripe Robotics

0.6

N/A

Pre-Seed

0.2 0.1

Axis7

22.0

Burro

Series A

Series A

Harvest Assist

15.0

N/A

N/A

0.3 0.2

Harvest Ant

Source: Grower survey, Western Growers, Roland Berger Figure 54: Total funding raised to date; most recent funding round completed, repeat respondents [based on survey responses]

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