Scythe Robotics Secures $42M Series B Financing To Accelerate Production Of Zero-Emissions Autonomous Mower
Amount Raised
$42 Million
Round Type
Series B
LongmontManufacturingInformation TechnologyInvestors
Description
Scythe Robotics, the company developing advanced, commercial-grade autonomous solutions for the professional landscape industry, today announced it has raised $42 million in Series B financing. The round was led by Energy Impact Partners and included additional new investors ArcTern Ventures, Alumni Ventures, and Amazon's Alexa Fund alongside participation from existing investors True Ventures, Inspired Capital and more. The funding will help Scythe meet demand for the more than 7,500 reservations for its all-electric, fully autonomous M.52 mower placed by commercial landscape businesses nationwide. This financing round brings the company's total capital raised to date to $60.6 million.
Quick answer
Scythe Robotics raised $42 Million in a Series B round, dated January 24, 2023. Investors: Inspired Capital, True Ventures, Amazon's Alexa Fund, Alumni Ventures, Arc Tern Ventures and Energy Impact Partners. Scythe Robotics is based in Longmont, Colorado, United States.
- How much did Scythe Robotics raise?
- Scythe Robotics raised $42 Million in a Series B round on January 24, 2023.
- Who invested in Scythe Robotics?
- Inspired Capital, True Ventures, Amazon's Alexa Fund, Alumni Ventures, Arc Tern Ventures and Energy Impact Partners are named as investors in this round.
- What does Scythe Robotics do?
- Scythe is a robotics company that develops autonomous machines for maintaining off-road environments.
- Where is Scythe Robotics based and how big is it?
- Scythe Robotics is based in Longmont, Colorado, United States.
- Who are the decision-makers at Scythe Robotics?
- Fundz holds 1 contact at Scythe Robotics, including the Executive Officer, Director, Promoter. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as Scythe Robotics that raised within 45 days of this round, from Fundz verified event records.
- Cambium raised $5.1M on March 10, 2023.
- Virax Biolabs raised $4M on March 10, 2023.
- AgEagle Aerial Systems raised $3M (Seed) on March 10, 2023.
- Miso Robotics raised $15M on March 10, 2023.
- NuVision Biotherapies raised $1.3M (Seed) on March 9, 2023.
- Cowboy raised an undisclosed amount (Funding Round) on March 9, 2023.
Who to call at Scythe Robotics, and when
A new round usually means Scythe Robotics is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Scythe Robotics raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Scythe Robotics, from your own LinkedIn network
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What this usually meansScythe Robotics 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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