Precision Agriculture

5 Companies Influencing Precision Ag in 2024

Discover the notable achievements and advancements in precision ag by 5 companies in 2024 such as Carbon Robotics or Agtonomy.

Disclaimer: This editorial is not a ranking, and the inclusion of these companies does not imply superiority over others. The companies highlighted have demonstrated notable achievements and advancements from precision ag companies throughout the year. To read all the most recent visit the following page.

Key Takeaways:

  • Agtonomy expanded its automation solutions with additional funding and partnerships.
  • xFarm Technologies advanced digital farming tools and secured significant investments.
  • EarthOptics focused on soil health with new funding and a merger with Pattern Ag.
  • Carbon Robotics grew its AI-driven weed control solutions and manufacturing capabilities.
  • Pyka developed autonomous electric aircraft, gaining traction in agriculture and defense.

Agtonomy: Expanding Autonomous Solutions for Farmers

Agtonomy (Profile) has developed AI-enabled automation software for agriculture and land maintenance. In 2024, the company secured an additional $10 million in Series A funding, raising its total to $32.8 million. Autotech Ventures led the round, with participation from Rethink Food, Allison Transmission, Black Forest Ventures, Toyota Ventures, Flybridge, and Cavallo Partners.

The funding will support Agtonomy’s growth, market expansion, and autonomous tractor pilot program. The company appointed Jorge Heraud to its Board of Directors to strengthen its technological focus.

A partnership with OnTarget resulted in the development of an all-electric, electrostatic autonomous smart sprayer. Bobcat’s investment in Agtonomy is expected to enhance equipment productivity and explore autonomous farming solutions.


xFarm Technologies: Driving Digital Transformation in Agriculture

xFarm Technologies (Profile) continued to expand digital solutions for farmers in 2024. A partnership with Syngenta France enhanced the Quali’Cible decision support tool, integrating geospatial AI to improve compliance with phytopharmaceutical regulations.

xFarm collaborated with Polish machinery manufacturer UNIA to integrate digital features into agricultural equipment, supporting Agriculture 4.0 practices. The company closed a €36 million ($40 million) Series C funding round, marking a significant milestone in European agtech.

Additionally, xFarm acquired Greenfield Technologies and SpaceSense, enhancing capabilities in regenerative agriculture and geospatial AI. A partnership with Dyson Farming aims to digitize over 33,600 acres of farmland.


EarthOptics: Unlocking Soil Intelligence

EarthOptics emphasized soil health in 2024, completing a $24 million financing round led by Conti Ventures and The Production Board. Additional investors included Cibus Capital, RuralWorks Partners, and Norinchukin Bank, with support from Bayer’s Leaps, S2G Ventures, Shell Ventures, CNH Ventures, and Rabo Ventures.

A merger with Pattern Ag created a company focused on comprehensive soil insights, offering agronomic, carbon, and biological data. The funding will drive technology development and geographical expansion.


Carbon Robotics: Advancing Weed Control with AI

Carbon Robotics raised $70 million in Series D funding in 2024, bringing its total to $157 million. Led by BOND, the round included NVentures, Anthos Capital, Fuse Venture Capital, and others. Mood Rowghani of BOND joined the board.

The company’s LaserWeeder™ has been widely adopted, eliminating weeds across 100 crop types without chemicals. Carbon Robotics plans to expand manufacturing and enter new markets in Europe and Asia-Pacific.


Pyka: Electrifying Agriculture with Autonomous Aircraft

Pyka secured $40 million in Series B funding led by Obvious Ventures. The company develops large-scale autonomous electric aircraft for agriculture, cargo, and defense.

Pelican Spray and Pelican Cargo products gained traction with customers such as Dole, Embraer, and the U.S. Air Force. Heinen Brothers Agra Services became Pyka’s first U.S. customer for autonomous electric crop protection aircraft. The funding will support manufacturing growth and new product development.


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As a dedicated journalist and entrepreneur, I helm iGrow News, a pioneering media platform focused on the evolving landscape of Agriculture Technology. With a deep-seated passion for uncovering the latest developments and trends within the agtech sector, my mission is to deliver insightful, unbiased news and analysis. Through iGrow News, I aim to empower industry professionals, enthusiasts, and the broader public with knowledge and understanding of technological advancements that shape modern agriculture. You can follow me on LinkedIn & Twitter.

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