Solar-powered agri robots developer Aigen raises USD 12m

Aigen, a Kirkland, Washington-based company developing solar-powered agriculture robots, has closed USD 12 million (EUR 11.2m) in Series A funding, which will allow it to expand its manufacturing capacity to meet pre-order demand.

Having raised a total of USD 19 million so far, Aigen is building a 7,500 sq ft (697 sq m) manufacturing and research and development (R&D) facility to produce its autonomous robots.

The Aigen Element robotics service is planned to be introduced on farms across over 20,000 acres (8,094 ha) in the US, starting in April 2024. It will provide weed control and real-time insights for farmers.

The funding round, announced on Thursday, was led by ReGen Ventures, with participation from NEA, Cleveland Avenue, Incite and Susquehanna Private Equity Investments LLLP.

"The Aigen team's exceptional progress in hardware and software development has us eagerly supporting their next phase – scaling," said Rose Marcario, partner at ReGen Ventures and former CEO of Patagonia.

Aigen's robotic fleet is intended to autonomously navigate, weed and analyse row crops without chemicals or fossil fuels.

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