Monarch Tractor is a US-based startup founded in 2017 that is pioneering the digital transformation of farming. The company's slogan is "Digital transformation of farming through electrification and agtech solutions such as smart autonomous tractors." Monarch believes in prioritizing farmers and their needs, offering a smart electric tractor that enhances existing farm ecosystems. Its solutions address labor availability, meet consumer demands for sustainability, and provide actionable data-driven farming insights. The company also enables economically competitive organic and beyond farming through intelligent electro-mechanical solutions that replace harmful chemicals while maintaining superior performance in plowing, tilling, and hauling functions.
The most recent milestone for Monarch Tractor is its $61.00M Series B investment secured on 17 November 2021. The investors participating in this round include Astanor Ventures, At One Ventures, CNH Industrial, and Trimble Ventures. This significant investment underlines the market's confidence in Monarch Tractor's potential to lead the digital transformation of agriculture and to spur future generations of farming technologies.
As a startup operating in the Agriculture and Analytics industries, Monarch Tractor's solutions are not only technologically advanced but also cater to the growing demand for sustainable and data-driven farming practices. With a strong foundation, technology, and team, the company is poised to scale its impact on global farming and revolutionize the industry.
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