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farm-ng raises Series A funding to scale Amiga robot and AI for small to midsize farms

PRIVATEJan 22, 2024

Amount Raised

$10 Million

Round Type

Series A

WatsonvilleManufacturingSoftwareFarming

Investors

Hawk TowerXplorer CapitalAcre Venture Partners

Description

farm-ng raised more than $10 million in its Series A funding round led by Acre Venture Partners, with participation from Xplorer Capital, HawkTower, and 10 other institutional and individual investors. The funding will be used to accelerate manufacturing, fund the development of autonomous farm capabilities, scale the go-to-market strategy, and develop an ecosystem of farm applications.

Quick answer

Farm-ng raised $10 Million in a Series A round, dated January 22, 2024. Investors: Hawk Tower, Xplorer Capital and Acre Venture Partners. Farm-ng is based in Watsonville, California, United States.

How much did Farm-ng raise?
Farm-ng raised $10 Million in a Series A round on January 22, 2024.
Who invested in Farm-ng?
Hawk Tower, Xplorer Capital and Acre Venture Partners are named as investors in this round.
What does Farm-ng do?
Farm-ng is an agricultural tech firm founded in 2020.
Where is Farm-ng based and how big is it?
Farm-ng is based in Watsonville, California, United States.
Who are the decision-makers at Farm-ng?
Fundz holds 1 contact at Farm-ng. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Farming and Manufacturing around the same time

Companies in the same sectors as Farm-ng that raised within 45 days of this round, from Fundz verified event records.

  • Hadrian raised $11M on February 20, 2024.
  • Hadrian raised $86M on December 11, 2023.
  • Electric Hydrogen raised $50M (Series C) on March 5, 2024.
  • MED-X raised $100K (Pre-Seed) on February 27, 2024.
  • Vertical Aerospace raised $50M on February 22, 2024.
  • Sigma Additive Solutions raised $673K (Seed) on February 22, 2024.

Who to call at Farm-ng, and when

A new round usually means Farm-ng is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Farm-ng

Location

Watsonville, California, United States

About

Farm-ng is an agricultural tech firm founded in 2020. It develops robotics and AI-based solutions for small to mid-sized farms. The company's flagship product is Amiga, a robot designed to automate various farming tasks.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Farm-ng raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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