Monarch Tractor CEO says $133M raise will help it escape ‘quite a challenging time’

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22, Jul, 2024

News, Startup News

Monarch Tractor CEO says $133M raise will help it escape ‘quite a challenging time’

Monarch Tractor was in a tricky spot late last year as the autonomous electric tractor startup juggled growth and an uncertain fundraising environment. Now, with $133 million in new funds, CEO Praveen Penmetsa tells TechCrunch that the startup is plowing ahead into greener pastures. The $133 million Series C funding round was co-led by agri-food […]

Monarch Tractor was in a tricky spot late last year as the autonomous electric tractor startup juggled growth and an uncertain fundraising environment. Now, with $133 million in new funds, CEO Praveen Penmetsa tells TechCrunch that the startup is plowing ahead into greener pastures. The $133 million Series C funding round was co-led by agri-food
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