Key Takeaways:
- 4AG Robotics secures $40 million CAD in Series B financing to accelerate production and global expansion
- Funding led by Astanor and Cibus Capital, joined by Voyager Capital and existing investors
- Robots currently operate in Canada, Ireland, and Australia, with launches planned in the U.S. and Netherlands
- Platform autonomously harvests, trims, and packs mushrooms, reducing labor costs and increasing consistency
- Funding will expand manufacturing, support customer success, and advance new AI-driven features
4AG Robotics Closes $40M CAD Series B to Meet Global Demand for Mushroom-Harvesting Robots
Scaling Automation Across Key Mushroom Markets
4AG Robotics, a leader in autonomous mushroom harvesting technology, has closed a $40 million CAD Series B funding round. The round was led by Astanor and Cibus Capital, with participation from Voyager Capital and continued support from InBC, Emmertech, BDC Industrial Innovation Fund, the Jim Richardson Family Office, Stray Dog Capital, and Seraph Group. The new funding brings the company’s total capital raised to $57.5 million in two years.
CEO Sean O’Connor stated that the funding enables 4AG to shift from product validation to scaling production to meet growing demand.
Addressing Labor Pressures in a $70B Industry
4AG’s system combines AI-powered vision, precision suction grippers, and motion control to autonomously harvest, trim, and pack mushrooms. These robots are already deployed in Canada, Ireland, and Australia, with additional units scheduled for the Netherlands and United States. The platform integrates with existing Dutch-rack infrastructure, enabling 24/7 operation while reducing labor costs and offering real-time operational insights.
“Mushrooms are harvested every day, year-round, and labor shortages put incredible strain on growers,” said Michelle Lim, VP of Growth. “Our system offers a plug-and-play solution with return on investment in under three years.”
Global Investors Fuel Strategic Growth
This funding round marks the entry of new partners eager to back the company’s expansion into Europe and North America.
“We believe 4AG is not only the clear global leader today, but has the potential to transform agriculture through AI and robotics,” said Harry Briggs, Partner at Astanor Ventures.
“4AG’s robots already pick over one million mushrooms per week,” added Archie Burgess, Investment Director at Cibus Capital. “We’re excited to help them scale even faster.”
Next Steps for Expansion and Innovation
With the new capital, 4AG Robotics plans to:
- Expand its manufacturing site in Salmon Arm, BC
- Build out its field service and customer success teams
- Accelerate development of upcoming features, including punnet packing, disease detection, and AI-powered yield optimization
COO Chris Payne emphasized 4AG’s real-world readiness: “We’re not just a robotics project that works in a lab—we’re operating in complex farm environments right now.”
Michelle Lim concluded by describing the company’s broader vision: not just building individual robots, but creating a new operating system for the mushroom industry.
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