AgTech Digital Solutions Funding Round Precision Ag

Swiss AgTech Firm Ecorobotix Secures $52 Million in Funding

Swiss AgTech Firm Ecorobotix Secures $52 Million in Funding

Ecorobotix, the Swiss agtech behind the AI-driven smart spraying system ARA, has announced a successful funding round totaling $52 million (CHF 46 million). The funding round was jointly led by AQTON Private Equity GmbH and Cibus Capital LLP, with additional contributions from Swisscanto Invest/Swisscanto Growth Fund I, Yara Growth Ventures, Flexstone Partners, and existing investors such as Swisscom Ventures, BASF Venture Capital, 4FOX Ventures, and Verve Ventures. The raised capital will be channeled toward expanding the company’s global footprint and accelerating new product development.

The Swiss AgTech’s innovative ARA system offers ultra-high precision plant-by-plant recognition and spraying, significantly reducing input costs by 70-95%, enhancing crop yields, minimizing soil impact, and promoting biodiversity. It serves customers across 15 European markets and aims to extend its operations globally, focusing on the Americas.

Stefan Quandt, owner of AQTON PE and a lead investor, explained his decision to invest in Ecorobotix, citing its potential to revolutionize agriculture through intelligent, innovative, and sustainable crop treatment solutions. He emphasized that ARA contributes to environmental conservation and provides financial benefits to farmers by reducing expenses and simplifying their work.

Regarding financing, Ecorobotix was advised by UBS Growth Advisory and Oaklins France. The funding round included $48.3M (CHF 43.1M) of new equity and $3.4M (CHF 3M) of new financing facilities supported by the FOEN Swiss Technology Fund. These funds will enable Ecorobotix to penetrate new markets, broaden its product portfolio, and capitalize on ARA’s existing commercial success in Europe.

Image provided by Ecorobotix

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