About Advanced Farm Technologies
Advanced Farm Technologies is an Agriculture company based in Davis (United States) founded in 2017 by Marc Grossman and Kyle Cobb. Developer of automated strawberry harvesting robots. It operates in the Agriculture and Industrial Goods & Manufacturing sectors. Advanced Farm Technologies has raised $34.2 million across 4 funding rounds from investors including CNH Industrial, Kubota and Impact Ventures. The company has 19 employees. Its chief executive, as recorded, is Marc Grossman. Its focus areas include Food and Agriculture Tech, Crop Tech, Autonomous Farming and Harvesting. Its legal entity is ADVANCED FARM TECHNOLOGIES, INC. Its competitors include Four Growers and Root AI; 2 of its 2 listed competitors have raised funding.
Company details
Advanced Farm Technologies was founded in 2017 in Davis, United States. Automated robotic harvesters for strawberries are developed by the company. Harvesting services are offered to farmers utilizing these proprietary robots. Operations center on agricultural automation within the strawberry farming sector, with a focus on efficiency in the United States. Key personnel include co-founders Marc Grossman as CEO and Kyle Cobb.
- Headquarters Davis, United States
- Employees 19
- Founders Marc Grossman, Kyle Cobb
- SectorsAgricultureIndustrial Goods & Manufacturing
- Website advanced.farm
- Social LinkedIn X
- Legal Name Advanced Farm Technologies, Inc.
- Total Equity Funding$34.2M (USD)
in 4 rounds
- InvestorsCNH Industrial
& 5 more
- Employee Count19
Funding Insights of Advanced Farm Technologies
Advanced Farm Technologies has successfully raised a total of $34.2M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $34.2M
- Total Rounds 4
- First Round $1.7M
(Jan 2018)
- Investors Count 6
All 4 funding rounds of Advanced Farm Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | Series B | – | CNH Industrial | – | |
| Sep 2021 | $25M | Series B | – | Catapult Ventures | |
| Aug 2019 | $7.5M | Series A | – | Yamaha Motor Ventures | |
| Jan 2018 | $1.7M | Seed | – | – | – |
6 investors in total: 6 institutional.
Investors in Advanced Farm Technologies
Advanced Farm Technologies has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include CNH Industrial, Kubota and Impact Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Impact Ventures is focused on accelerating and investing in entrepreneurs. | impact-ventures.co | |||
| yamahamotor.vc | ||||
Early-stage investments are made in technology-driven startups by Catapult Ventures. | catapult.vc | Silicon Valley, United States | ||
Impact Venture Capital is engaged in funding innovative startups. | impactvc.com | El Dorado Hills, United States | ||
Equipment and services for agriculture and construction are supplied. | 2012 | cnhindustrial.com | London, United Kingdom | |
Manufacturer and supplier of agricultural machinery | 1890 | kubota.com | Osaka, Japan |
Investor details for Advanced Farm Technologies
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People of Advanced Farm Technologies
3 people are tracked at Advanced Farm Technologies (3 in leadership); the tracked headcount is 19.
| Name | Role | Group |
|---|---|---|
Marc Grossman | Co-Founder & CEO | Leadership |
Kyle Cobb | Co-Founder | Leadership |
Rouz Jazayeri | Director | Leadership |
Complete people profiles for Advanced Farm Technologies
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Timeline of Advanced Farm Technologies
3 dated milestones of Advanced Farm Technologies across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Advanced Farm Technologies is founded.
- Funding First funding round of $1.7M.
- Funding Latest funding round, Series B,.
Competitors of Advanced Farm Technologies
Advanced Farm Technologies has 2 listed competitors in our database, 2 of them funded. They include Four Growers and Root AI.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fourgrowers.com | 2014 | Pittsburgh, United States | $15.15M | Developer of robotic tomato harvesters | ||
| root-ai.com | 2018 | Somerville, United States | $10.2M | AI-based robots for fruit harvesting in indoor farms are developed. |
Detailed competitors of Advanced Farm Technologies
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Top companies in Crop Tech & Equipment
3 companies that operate in the same segment as Advanced Farm Technologies (Crop Tech & Equipment) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of plant-based food ingredients | 2012 | St. Louis, Missouri, United States | USD 406.99 M | USD 470 M | ||
Robotic equipment for automating weeding on vegetable farms is developed. | 2016 | San Francisco, California, United States | USD 139.96 M | 73 | ||
Provider of farmers networking platform | 2014 | San Carlos, California, United States | USD 981.09 M | 808 |
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Frequently Asked Questions about Advanced Farm Technologies
Advanced Farm Technologies was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Advanced Farm Technologies is headquartered in Davis, United States. It is registered at Davis, California, United States.
Marc Grossman is the CEO of Advanced Farm Technologies, as recorded in our data. They have also founded this company.
Advanced Farm Technologies is a funded company, having raised a total of $34.2M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.7M, raised on Jan 2018.
Advanced Farm Technologies has 19 employees.
Advanced Farm Technologies was founded in 2017 in Davis, United States. Automated robotic harvesters for strawberries are developed by the company. Harvesting services are offered to farmers utilizing these proprietary robots. Operations center on agricultural automation within the strawberry farming sector, with a focus on efficiency in the United States. Key personnel include co-founders Marc Grossman as CEO and Kyle Cobb.
Advanced Farm Technologies's top competitors include Four Growers and Root AI.
Advanced Farm Technologies has 6 investors. Key investors include CNH Industrial, Kubota, Impact Ventures, Yamaha Motor Ventures, and Catapult Ventures.
Advanced Farm Technologies operates through Advanced Farm Technologies, Inc..