Agtonomy, a San Francisco, CA-based software and services company specializing in advanced autonomous and AI solutions for agriculture and industrial applications, received an investment from Allison Ventures.
The amount of the deal was not disclosed.
The company intends to use the funds to enhance commercial productivity and operational efficiency through advanced automation and connectivity.
Founded in 2021 and led by CEO Tim Bucher, Agtonomy integrates its technology into well-known tractors and equipment, converting them into a digitally controlled, task-oriented system for agriculture that prioritizes safety, profitability and environmental sustainability. Its teleguidance application, which allows a single user to monitor and control a fleet, reduces labor costs and increasing productivity for farmers.
FinSMEs
24/10/2024