Fundz

Sabanto Raises $17M Series A To Drive Autonomy Into Agriculture

PRIVATEAug 18, 2022

Amount Raised

$17 Million

Round Type

Series A

ChicagoManufacturingEnergyOil And GasAgriculture and FarmingRenewable EnergyFarmingBiomass Energy

Description

Swarming farm autonomy company Sabanto, Inc. today announced it has closed an oversubscribed $17M Series A funding round led by leading agtech venture firm Fulcrum Global Capital, with participation from DCVC Bio, Hico Capital, Yara Growth Ventures, Cavallo Ventures, Johnsonville Ventures, and Trimble Ventures. John Peryam, co-founder and partner at Fulcrum, joins Sabanto's board of directors.

Quick answer

Sabanto raised $17 Million in a Series A round, dated August 18, 2022. Sabanto is based in Chicago, Illinois, United States.

How much did Sabanto raise?
Sabanto raised $17 Million in a Series A round on August 18, 2022.
What does Sabanto do?
Leveraging a fleet of smaller 60 and 90 HP tractors, the company has autonomously tilled, planted, seeded, weeded, applied, and mowed across Illinois, Iowa, Indiana, Missouri, Nebraska, Minnesota, North Dakota,..
Where is Sabanto based and how big is it?
Sabanto is based in Chicago, Illinois, United States. Fundz records about 48 employees.
Who are the decision-makers at Sabanto?
Fundz holds 2 contacts at Sabanto, including the Chief Financial Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Oil And Gas around the same time

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

  • Amprius Technologies raised $1M (Seed) on September 27, 2022.
  • AmmPower Corp raised $19K (Seed) on September 26, 2022.
  • Taranis raised $40M (Series D) on September 7, 2022.
  • Found Energy raised $1.9M on August 22, 2022.
  • Caelux raised an undisclosed amount (Funding Round) on September 23, 2022.
  • Mainspring Energy raised an undisclosed amount (Series E) on September 21, 2022.

Who to call at Sabanto, and when

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

  • An alert the day Sabanto raises, hires an executive or expands, scored against what you sell
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Company Information

Company

Sabanto

Location

Chicago, Illinois, United States

About

Leveraging a fleet of smaller 60 and 90 HP tractors, the company has autonomously tilled, planted, seeded, weeded, applied, and mowed across Illinois, Iowa, Indiana, Missouri, Nebraska, Minnesota, North Dakota, Wisconsin, and Texas. "Finally, a company is solving our labor problems and taking us in the other direction. This capital will also allow the company to increase its Farming-as-a-Service operations to more farmers, on more crops, over more acres, across more states. Continue ReadingSabanto Autonomous Machine"We started Sabanto with our sights set on fixing the lack of labor and resetting the out-of-control capital expenses in agricultural machinery.

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Fundz sees it the moment Sabanto raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsStephen H., Chief Financial Officer hidden hidden hiddenSee plans and pricing
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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

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

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.