Congratulations, Muddy Machines!
Farm491 members, Muddy Machines, have successfully secured £1.5m in Seed Funding. This round of funding was led by Regenerate Ventures with participation from Ponderosa Ventures, Jude Gomilla and Thrive/SVG Ventures and numerous others. “We were impressed by Muddy Machine’s vision and speed of technical development,” says Paul Rous, MD at Regenerate Ventures. “Fixing labour issues in farming is essential for ensuring a sustainable domestic food supply in developed countries and reducing food miles,”added Evi Steyer, MD at Ponderosa Ventures.
This new round of funding will be used to strengthen the company’s engineering team and build sufficient runway while demonstrating product market fit. Specifically, the areas that the company will focus on are:
- Building a small herd of its Sprout robots for the 2023 asparagus harvest season and generating initial revenues.
- Continuing with the development of new crop harvest capabilities.
- Developing a roadmap for scaling production of Sprout robots.
Muddy Machines has recently presented a well received Green Asparagus harvest prototype at the Biennial British Asparagus Growers conference and has received coverage from major news outlets such as the BBC and The Economist.
Visit the Muddy Machines website to find out more.