About Saga Robotics
Saga Robotics is a company based in Ski (Norway) founded in 2016 by Pal Johan From.. Saga Robotics has raised $43.79 million across 5 funding rounds from investors including Aker ASA, Blystad and European Union. The company has 17 employees as of December 31, 2021. Saga Robotics offers products and services including Thorvald. Saga Robotics operates in a competitive market with competitors including Naio Technologies, Niqo Robotics, Small Robot, iFarm and VERDANT ROBOTICS, among others.
- Headquarter Ski, Norway
- Employees 17 as on 31 Dec, 2021
- Founders Pal Johan From
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Sectors
AgricultureIndustrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Saga Robotics As
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Annual Revenue
$1.3 M (USD)-27as on Dec 31, 2022
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Net Profit
$-2.15 M (USD)4as on Dec 31, 2022
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EBITDA
$-2.15 M (USD)4as on Dec 31, 2022
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Total Equity Funding
$43.79 M (USD)
in 5 rounds
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Latest Funding Round
$11.29 M (USD), Series C
Aug 11, 2025
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Investors
Aker ASA
& 11 more
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Employee Count
17
as on Dec 31, 2021
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Products & Services of Saga Robotics
Saga Robotics offers a comprehensive portfolio of products and services, including Thorvald. 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.
Autonomous robot for UV-C mildew control and farm tasks.
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Funding Insights of Saga Robotics
Saga Robotics has successfully raised a total of $43.79M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $11.29 million completed in August 2025. 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 5
- Last Round Series C — $11.3M
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First Round
First Round
(01 Jan 2020)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2025 | Amount | Series C - Saga Robotics | Valuation |
investors |
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| Jan, 2024 | Amount | Series C - Saga Robotics | Valuation | Blystad , Melesio | |
| Oct, 2022 | Amount | Series B - Saga Robotics | 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 Saga Robotics
Saga Robotics has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include Aker ASA, Blystad and European Union. 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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Investment arm of Rabobank, focusing on equity capital provision.
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Founded Year | Domain | Location | |
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Melesio is focused on long-term value creation through investments.
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Founded Year | Domain | Location | |
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Early-stage deep tech companies are funded by Propagator Ventures.
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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 Saga Robotics
| 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 - Saga Robotics
| 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 |
Saga Robotics Comparisons
Competitors of Saga Robotics
Saga Robotics 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 Naio Technologies, Niqo Robotics, Small Robot, iFarm and VERDANT ROBOTICS, 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 |
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 |
Vertical farming technologies are developed by iFarm for sustainable agriculture.
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| domain | founded_year | HQ Location |
AI-based robotic solutions for agricultural farm management are provided.
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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 Saga Robotics
Frequently Asked Questions about Saga Robotics
When was Saga Robotics founded?
Saga Robotics was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is Saga Robotics located?
Saga Robotics is headquartered in Ski, Norway. It is registered at Ski, Viken, Norway.
Who is the current CEO of Saga Robotics?
Pal Johan From is the current CEO of Saga Robotics. They have also founded this company.
Is Saga Robotics a funded company?
Saga Robotics is a funded company, having raised a total of $43.79M across 5 funding rounds to date. The company's 1st funding round was a Series B of $9.67M, raised on Jan 01, 2020.
How many employees does Saga Robotics have?
As of Dec 31, 2021, the latest employee count at Saga Robotics is 17.
What is the annual revenue of Saga Robotics?
Annual revenue of Saga Robotics is $1.3M as on Dec 31, 2022.
What does Saga Robotics do?
Saga Robotics was founded in 2016 in Ski, Norway, as a provider of robotic machines designed for agricultural automation. The companys portfolio includes IP67-classified robots for outdoor farm and vineyard tasks, capable of submersion in water, and IP56-classified robots for indoor environments like greenhouses. These machines are utilized for various autonomous operations across farming sectors.
Who are the top competitors of Saga Robotics?
Saga Robotics's top competitors include BinSentry, iFarm and VERDANT ROBOTICS.
What products or services does Saga Robotics offer?
Saga Robotics offers Thorvald.
Who are Saga Robotics's investors?
Saga Robotics has 12 investors. Key investors include Aker ASA, Blystad, European Union, SANDEN HOLDINGS CORPORATION, and Nysno.
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