Tech Company Financing Transactions
Monarch Tractor Funding Round
Monarch Tractor, operating out of Livermore, secured $61 million from Astanor Ventures, At One Ventures and CNH Industrial.
Transaction Overview
Company Name
Announced On
11/18/2021
Transaction Type
Venture Equity
Amount
$61,000,000
Round
Series B
Investors
Proceeds Purpose
The Bay Area-based firm says the funding will go toward scaling manufacturing and sales for its self-titled electric tractor.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
203 Lawrence Dr. A
Livermore, CA 94551
USA
Livermore, CA 94551
USA
Phone
Undisclosed
Website
Email Address
Overview
Monarch is committed to elevating farming practices to enable clean, efficient, and economically viable solutions for today's farmers and the generations of farmers to come. As we seek to revolutionize the farming industry and accelerate the future of clean farming, we approach every problem with a farmer-first mentality to create electric, autonomous, and intelligent solutions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Praveen Penmetsa
Chief Marketing Officer
Chris Whitney
Chief Technical Officer
Zachary Omohundro
Controller
Heidi Policky
President
Mark Schwager
VP - Administration
Jake Winters
VP - Bus. Development
Douglas Kolker
VP - Bus. Development
Moussa Zeid
VP - Marketing
Kelsey Ducker
VP - Operations
Glen Roeters
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Where The Data Comes From
We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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