About Rowbot
Rowbot is a company based in Minneapolis (United States) founded in 2012.. Rowbot has raised $90 thousand across 4 funding rounds from investors including National Science Foundation and Invested Development. Rowbot offers products and services including Robotic Solutions and Farming Automation Tools. Rowbot operates in a competitive market with competitors including Blue River Technology, Naio Technologies, Niqo Robotics, Small Robot and Aigen, among others.
- Headquarter Minneapolis, United States
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Sectors
AgricultureIndustrial Goods & Manufacturing
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$90 K (USD)
in 4 rounds
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Latest Funding Round
$90 K (USD), Seed
Aug 24, 2024
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Investors
National Science Foundation
& 1 more
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Employee Count
Employee Count
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Products & Services of Rowbot
Rowbot offers a comprehensive portfolio of products and services, including Robotic Solutions and Farming Automation Tools. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates row crop farming to improve efficiency and yield.
Enhances crop management through robotic systems for agriculture.
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Funding Insights of Rowbot
Rowbot has successfully raised a total of $90K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $90 thousand completed in August 2024. 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 Total Funding
- Total Rounds 4
- Last Round Seed — $90,000
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Seed - Rowbot | Valuation |
investors |
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| Jul, 2024 | Amount | Grant - Rowbot | Valuation |
investors |
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| Jan, 2022 | Amount | Grant - Rowbot | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rowbot
Rowbot has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include National Science Foundation and Invested Development. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage VC firm that investing in the US and Africa
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Founded Year | Domain | Location | |
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A government-backed foundation providing seed-stage investments to support small businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Rowbot
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Rowbot
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rowbot Comparisons
Competitors of Rowbot
Rowbot operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Blue River Technology, Naio Technologies, Niqo Robotics, Small Robot and Aigen, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Computer vision and robotics are applied for agricultural weed control.
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| domain | founded_year | HQ Location |
Provider of automated farming solutions
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| domain | founded_year | HQ Location |
AI-based robotic solutions for farming weeders and sprayers are provided.
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| domain | founded_year | HQ Location |
Robots for sustainable farming are developed and deployed.
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| domain | founded_year | HQ Location |
Developer of solar powered robots for soil regeneration
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| domain | founded_year | HQ Location |
Vertical farming technologies are developed by iFarm for sustainable agriculture.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Rowbot
Frequently Asked Questions about Rowbot
When was Rowbot founded?
Rowbot was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Rowbot located?
Rowbot is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Is Rowbot a funded company?
Rowbot is a funded company, having raised a total of $90K across 4 funding rounds to date. The company's 1st funding round was a Grant of $256K, raised on Mar 19, 2014.
What does Rowbot do?
Rowbot Systems was founded in 2012 in Minneapolis, United States, within the agricultural technology sector. Precision nitrogen dispensation and maintenance for corn farms are addressed through a robotic solution. Self-driving platforms, called Rowbots, are deployed to travel between crop rows, bypassing height limitations from fast-growing corn. These platforms function in teams to manage entire fields effectively.
Who are the top competitors of Rowbot?
Rowbot's top competitors include Blue River Technology, Aigen and iFarm.
What products or services does Rowbot offer?
Rowbot offers Robotic Solutions and Farming Automation Tools.
Who are Rowbot's investors?
Rowbot has 2 investors. Key investors include National Science Foundation, and Invested Development.
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