Burro, formerly known as Augean Robotics, a Philadelphia, PA-based autonomy company providing solutions for the agriculture industry, raised a $10.9m in Series A funding.
The round was led by S2G Ventures and Toyota Ventures, with participation from F-Prime Capital and the Cibus Enterprise Fund and existing investors Radicle Growth and ffVC. As part of the round, Sanjeev Krishnan, Managing Director and Chief Investment Officer at S2G Ventures, will join the Board of Directors at Burro.
The company intends to use the funds to increase the size of its team, expand the capabilities of its product and extend its mobility autonomy into nursery and berry markets.
Led by Charlie Andersen, CEO, Burro has developed a plug-and-play autonomous people-scale robot that increases productivity in conventional production environments. Burros feature a novel and patent-pending approach called Pop Up Autonomy™, which means they work immediately out of the box by enabling everyone in a working environment to become an operator. They do not require a centralized control or installation of burdensome infrastructure. Instead, the robots use computer vision and AI to learn on the go and to navigate autonomously from A to B while carrying various payloads.
Today, the company has 90 robots in table grape fields covering 100-300 miles a day autonomously, six days a week.
FinSMEs
29/09/2021