StoryFunding
Carbon Robotics raises $20M as it plans a new AI robot for farms
Carbon Robotics raised $20 million as an extension of its Series D, led by Giant Ventures, bringing total funding to $177 million. CEO Paul Mikesell said the capital will fund a new machine at least nine months from reveal that reuses the company's plant-recognition AI for jobs beyond weeding. The roughly 260-person company is growing revenue but remains unprofitable.
- Series D extension maintains momentum despite the startup's unprofitability; revenue growth and unit economics are the growth drivers.
- New machine will use the same plant-recognition foundation as LaserWeeder and Carbon ATK autonomy, extending the platform's versatility.
- Nine-month timeline suggests a 2026 reveal; the company has not disclosed the new machine's intended use or target market.