Key Takeaways
- Agtonomy, a leading provider of automation and physical AI solutions for agriculture and land management, has closed an oversubscribed $18 million Series B round.
- The investment was led by DBL Partners, known for early backing of Tesla, SpaceX, and Farmers Business Network, with participation from Nuveen, one of the world’s largest farmland managers.
- Existing investors including Autotech, Allison Transmission, Rethink Food, and Black Forest Ventures also joined the round.
- The funding will accelerate commercial expansion, AI platform development, and integration with OEM partners across agricultural and off-road industries.
Agtonomy Strengthens Position in Agricultural Automation
The new investment marks a key milestone for Agtonomy as it scales its physical AI platform—technology designed to bring automation and intelligence to tractors and field machinery used in orchards, vineyards, and managed green spaces.
“Agtonomy is at an exciting inflection point as we expand our commercial footprint and bring physical AI into everyday field operations,” said Tim Bucher, Founder and CEO of Agtonomy. “This investment underscores confidence in our technology and the real-world value it delivers in commercial operations today.”
The company’s platform integrates automation, computer vision, and data-driven insights to help operators reduce labor costs, improve safety, and optimize workflow efficiency in demanding agricultural environments.
Strategic Backing from DBL Partners and Nuveen
Lead investor DBL Partners—a double bottom line venture firm known for combining financial performance with social and environmental impact—will play an active role in Agtonomy’s next growth phase.
“Agtonomy fits squarely into DBL’s legacy by ushering in the next wave of scalable, customer-centric physical AI,” said Jake Harris of DBL Partners, who will join Agtonomy’s Board. “The company is setting new standards for sustainability, efficiency, and profitability in food production and off-road industries worldwide.”
Nuveen, managing over 2 million acres of farmland globally, also participated as a new investor.
“Agtonomy’s platform addresses real-world challenges in agriculture, from labor shortages to increasing operational complexity,” said Mark Coelho, Head of Global Horticulture at Nuveen. “Its practical automation solutions have broad applicability across our global farming portfolio.”
Agtonomy: Accelerating Growth Through Innovation and Industry Partnerships
Proceeds from the Series B round will be used to expand Agtonomy’s commercial deployments, enhance AI-driven fleet intelligence, and integrate with major original equipment manufacturers (OEMs). These developments will support smarter, more efficient field operations and promote sustainable agricultural practices.
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