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

Aug 18, 2022•about 3 years ago

Amount Raised

$17 Million

Round Type

series a

ChicagoFarmingAgriculture and Farming

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.

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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