Monarch Tractor

About:

Monarch Tractor creates fully electric, autonomous tractors designed to enhance productivity, sustainability, and safety in agriculture.

Website: https://monarchtractor.com

Twitter/X: MonarchTractor

Top Investors: Sahin Boydas, CNH Industrial, Astanor Ventures, California Energy Commission, PMV

Description:

Monarch Tractor creates fully electric, autonomous tractors designed to enhance agriculture productivity, sustainability, and safety. Monarch tractors are fully electric, which reduces reliance on fossil fuels and decreases greenhouse gas emissions, helping farmers lower their carbon footprint and achieve sustainability goals. These tractors operate autonomously, utilizing advanced sensors and machine learning to navigate fields, monitor crop health, and perform tasks without human intervention, enabling precision farming. Equipped with sensors that collect data on crop health, soil conditions, and other variables, Monarch tractors analyze this data to provide farmers with actionable insights for optimizing their farming practices.

Total Funding Amount:

$214M

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

Livermore, California, United States

Founded Date:

2017-01-01

Contact Email:

info(AT)monarchtractor.com

Hub Tags:

Emerging Unicorn

Founders:

Carlo Mondavi, Mark Schwager, Praveen Penmetsa, Zachary Omohundro

Number of Employees:

251-500

Last Funding Date:

2024-08-19

IPO Status:

Private

© 2024 MyAiNote.com