Farmbot

company

About

Farmbot was established in Sydney in 2014 and is a leading Australian Agtech company in the Internet of Things (IoT) of Agriculture.

  • 1 - 10

Details

Last Funding Type
Series A
Last Funding Money Raised
$2.70M
Industries
Agriculture,AgTech,Farming,Robotics,Software
Founded date
Jan 1, 2014
Number Of Employee
1 - 10
Operating Status
Active

Farmbot was established in Sydney in 2014 and is a leading Australian Agtech company in the Internet of Things (IoT) of Agriculture. The company monitors and reports on-farm water ecosystems delivering real-time reporting on water trends, consumption and alerts.
As water is the lifeblood of all agricultural endeavours, a detailed understanding of its usage helps farmers make better management decisions around asset utilisation, resource allocations and carrying capacities.
One of the key challenges of the agriculture industry is feeding an ever-growing population, with fewer resources, in a sustainable way. Farmbot sees a growing opportunity in the agricultural industry to provide monitoring solutions that have the capabilities to enable more sustainable and efficient practices.
Farmbot has developed an extensive range of monitoring devices which connects to the core monitor enabling farmers to check water, diesel and trough levels, rainfall, staff movements via a safety check-in module, electric fences voltages, flow and pressure rates remotely.
We are continuing to build a portfolio of connected devices, expanding the ecosystem.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$2.79M
Farmbot has raised a total of $2.79M in funding over 2 rounds. Their latest funding was raised on Oct 12, 2021 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 12, 2021 Series A $2.70M 1 Telstra Detail
Aug 5, 2014 Seed $90K 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Farmbot is funded by 2 investors. Telstra and SYD Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Telstra Yes Series A
SYD Ventures Seed