Monarch Tractor is an agricultural technology company which offers autonomous-capable, electric farm vehicles to farmers and agricultural businesses. The tractors integrate AI-powered management systems and sustainable features to enhance farming efficiency and reduce environmental impact. By combining autonomy, electrification, and data analysis capabilities, Monarch Tractor addresses evolving agricultural needs and aims to improve farm productivity. This company was founded by Praveen Penmetsa, Zachary Omohundro, Mark Schwager, and Carlo Mondavi in 2018 and is headquartered in Livermore, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
07/22/2024 | Series C-1 | $58.81MM | $xx.xx | $566.68MM | Astanor Ventures, At One Ventures, PMV, Welvaartsfonds, CTBC Venture Capital | |
Price per Share
$xx.xx
Shares Outstanding
4,168,791
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Astanor Ventures, At One Ventures, PMV, Welvaartsfonds, CTBC Venture Capital
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07/22/2024 | Series C | $74.19MM | $xx.xx | $566.68MM | Astanor Ventures, At One Ventures, PMV, Welvaartsfonds, CTBC Venture Capital | |
Price per Share
$xx.xx
Shares Outstanding
4,469,875
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Astanor Ventures, At One Ventures, PMV, Welvaartsfonds, CTBC Venture Capital
|
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11/17/2021 | Series B | $61MM | $xx.xx | $266.61MM | Astanor Ventures, CNH Industrial, At One Ventures, Trimble Ventures, Climate Capital, Mana Ventures, MUUS Climate Partners | |
Price per Share
$xx.xx
Shares Outstanding
5,027,196
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Astanor Ventures, CNH Industrial, At One Ventures, Trimble Ventures, Climate Capital, Mana Ventures, MUUS Climate Partners
|
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03/16/2021 | Series A | $20MM | $xx.xx | $66.67MM | Musashi Seimitsu Industry Company, VST Tillers Tractors, At One Ventures, MUUS Climate Partners, CNH Industrial, Twynam Agricultural Group, Incite Ventures, Trajectory Ventures | |
Price per Share
$xx.xx
Shares Outstanding
3,761,590
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Musashi Seimitsu Industry Company, VST Tillers Tractors, At One Ventures, MUUS Climate Partners, CNH Industrial, Twynam Agricultural Group, Incite Ventures, Trajectory Ventures
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