Carbon Robotics Valuation, Funding & Investors
Carbon Robotics is valued at $119M as of December 2023.
Last Carbon Robotics valuation
$119M
Series C · Dec 2023
Last Carbon Robotics funding round
$20M
Series D · Oct 2025
Cumulative funding Carbon Robotics raised
$194M
across 9 funding rounds
Key investors in Carbon Robotics
Ignition Partners
Voyager Capital
FUSE
Anthos Capital
Techstars
SOSV
About Carbon Robotics
Carbon Robotics is a Seattle-based provider of autonomous LaserWeeder robots for organic farming. The company's machines use computer vision and high-powered lasers to eliminate weeds in crops like strawberries and lettuce without herbicides. Founded in 2018, it has deployed over 100 units across North American farms, treating millions of acres. Recognized by Robotics Business Review as one of 2016's top 50 influential robotics firms, Carbon Robotics partners with growers in California and Washington states to boost yields and reduce labor costs.
Founded
2014
HQ
San Francisco, CAWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$119M (Dec 2023)
Carbon Robotics Valuation
Carbon Robotics is currently valued at $119M, based on its Series C in December 2023.
Carbon Robotics' valuation has grown 5.0x from $24M at its Series A in September 2019 to $119M in December 2023, across 2 priced rounds.
Carbon Robotics valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Dec 2023 | Series C | $119M |
| Sep 2019 | Series A | $24M |
Carbon Robotics Funding History
Carbon Robotics has raised a total of $194M across 9 funding rounds.
Carbon Robotics' first fundraising round was a $100K pre-seed round in June 2015. The most recent completed round was a $20M Series D in October 2025.
Carbon Robotics funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2025 | Series D | Giant Ventures (lead) | $20M | - | Carbon Robotics develops AI-powered agricultural robots, including the LaserWeeder platform that uses computer vision and lasers to eliminate weeds with precision, reducing herbicide use and boosting crop yields. The company, based in Seattle, WA, also offers the Autonomous Tractor Kit (ATK) and is developing additional AI robots for farms. A $20 million Series D-2 extension round on October 22, 2025, was led by Giant Ventures, supporting new AI machinery development amid existing products used by hundreds of customers. This follows a $70 million Series D on October 21, 2024, led by BOND with participation from NVentures (NVIDIA), Anthos Capital, Fuse Venture Capital, Ignition Partners, Revolution, Sozo Ventures, and Voyager Capital, bringing total funding to around $157-193 million across seven rounds. The $70M round funded international expansion of LaserWeeder sales and new product development. Earlier, a Series C raised $30 million led by Sozo Ventures, scaling manufacturing and North American/international markets, totaling $67 million at that point. |
| Oct 2024 | Series D | Bond (lead); Sozo Ventures; FUSE; NVentures; Voyager Capital; Revolution; Ignition Partners; Anthos Capital | $70M | - | Carbon Robotics, a Seattle-based agtech company founded in 2018, develops AI-powered autonomous robots, primarily the LaserWeeder, which uses computer vision, deep learning, robotics, and lasers to detect and eliminate weeds with millimeter accuracy, reducing herbicide use, labor costs, and improving crop yields for farmers. The technology operates day and night regardless of weather conditions like wind or rain, and has eliminated over 10 billion weeds to date. It serves markets in the US, Canada, Europe, and Australia, competing with players like John Deere's See & Spray, FarmWise, Verdant Robotics, and Laser Weeding Technologies by emphasizing proven ROI through cost savings and yield gains. On October 21, 2024, Carbon Robotics raised $70 million in a Series D funding round led by new investor BOND, with participation from existing backers including NVentures (NVIDIA's venture arm), Anthos Capital, Fuse Venture Capital, Ignition Partners, Revolution, Sozo Ventures, and Voyager Capital. This brings the company's total funding to $157 million since inception. BOND's Mood Rowghani will join the board, highlighting the firm's confidence in Carbon Robotics' execution and potential to transform agriculture amid declining agtech VC investment (down 60% since 2021). The proceeds will expand LaserWeeder sales and services into new international markets such as eastern and southern Europe and the Asia-Pacific region, scale manufacturing with a new 24,000 square-foot facility in eastern Washington to meet demand, and fund development of new software and hardware products. CEO Paul Mikesell described the raise as a pivotal milestone to accelerate AI and robotics innovation for sustainable farming. The company has earned recognitions including CNBC Disruptor 50, Fast Company’s Best Workplaces for Innovators, and Fortune’s Change the World lists. |
| Dec 2023 | Series C | - | $8M | $119M | Carbon Robotics develops AI-powered agricultural robots, including the LaserWeeder that uses lasers to eliminate weeds without chemicals or tillage. The company announced a Series C funding round in April 2023 and added $8 million to it in December 2023. Prior rounds include a $27 million Series B in 2021 and another $27 million Series B extension in 2023. The company had secured over $20 million in bookings by mid-2023 and sold out its 2021 and 2022 models. |
| Apr 2023 | Series C | Sozo Ventures (lead); FUSE; Liquid 2 Ventures; Voyager Capital; Ignition Partners; Anthos Capital | $30M | - | Carbon Robotics, a Seattle-based developer of AI-powered robotics for precision agriculture, closed a $30 million Series C funding round in April 2023 led by Sozo Ventures, with participation from existing investors Anthos Capital, Fuse Venture Capital, Ignition Partners, Liquid2, and Voyager Capital. This brought the company's total funding to $67 million at that time. The proceeds were earmarked for expanding sales in North America, scaling manufacturing, developing new software and hardware, and entering international markets. The company's flagship product, the LaserWeeder, is a certified organic solution that uses AI, computer vision, and high-powered CO2 lasers to identify and eliminate weeds with millimeter accuracy, reducing reliance on herbicides, tilling, and hand weeding. It targets conventional, organic, and no-till farming practices, helping farmers cut weed control costs without damaging crops or soil. By the time of the announcement, LaserWeeders had eliminated over 500 million weeds across 40 crops, with deployments planned across 17 U.S. states and three Canadian provinces. Paul Mikesell, CEO and founder, emphasized the LaserWeeder's role in addressing expensive and unreliable traditional weeding methods while preserving soil health. Rob Freelen of Sozo Ventures praised the team's innovation pace. As part of the round, Freelen and Erik Benson from Voyager Capital joined the board. |
| Sep 2021 | Series B | Anthos Capital (lead); FUSE; Liquid 2 Ventures; Voyager Capital; Ignition Partners; Bolt | $27M | - | Carbon Robotics is an agriculture robotics company based in Seattle that develops AI-powered autonomous weeders, such as the LaserWeeder, which uses computer vision and high-power lasers to eradicate weeds without herbicides or soil disturbance, addressing challenges like superweeds, labor shortages, and sustainable farming. The company's flagship Autonomous Weeder improves crop yields, reduces chemical use, and enhances cost predictability for farmers interested in organic and regenerative methods. On September 1, 2021, Carbon Robotics closed a $27 million Series B financing round led by Anthos Capital, with participation from Ignition Partners, Fuse Venture Capital, Voyager Capital, Bolt, and Liquid2 Ventures. This round brought the company's total funding to $36 million and was intended to scale production, expand the engineering team, establish U.S. sales and support, and invest in new products and technology. Anthos Capital highlighted the team's expertise in AI, machine learning, computer vision, and thermal energy as key to driving agricultural innovation. Voyager Capital's Erik Benson noted Carbon Robotics' potential to transform weeding practices and become a major player like Deere & Company. CEO Paul Mikesell emphasized the investment's validation of their mission to solve farmers' toughest problems amid rising herbicide-resistant weeds. The funding enabled operations scaling to meet demand and continued innovation in agtech. Subsequent rounds included a Series C raising $30 million led by Sozo Ventures in 2023, bringing total funding to $67 million, focused on North American expansion, manufacturing, and international markets. A $70 million Series D in October 2024 led by BOND, with NVentures and others, raised total funding to $157 million for global sales growth and new products. |
| Sep 2021 | Series B | - | $27M | - | Carbon Robotics, a Seattle-based agricultural robotics company founded in 2018, develops AI-powered robots like the LaserWeeder that use computer vision and lasers to eliminate weeds with high precision, reducing herbicide use, cutting weed-control costs by up to 80%, and improving crop yields. The company targets sustainable farming by enabling regenerative and organic practices. Around September 2021, Carbon Robotics raised $27.4 million in a funding round, matching the approximate date of 01/09/2021, as per an initial filing. This appears to be a Series B round, with total funding reaching approximately $67 million by later Series C rounds. Funds from related rounds supported expansion of sales in North America, scaling manufacturing, new product development, software updates, and entry into international markets like Europe, Australia, and Asia. The company has deployed units eliminating over 10 billion weeds since 2022 and operates a new manufacturing plant in Richland, Washington. Traction includes customers across the U.S., Europe, and Australia, with a software platform offering field analytics for an annual fee. Total funding has grown to $157-213 million across 7-9 rounds by 2024-2025, with a Series D of $70 million led by BOND in October 2024. |
| Sep 2019 | Series A | Bolt (lead); Ignition Partners (lead) | $9M | $24M | Carbon Robotics develops AI-powered laser weeding robots for precision agriculture. The company raised approximately $900K in a Series A-1 round on September 27, 2019, from investors Bolt and Ignition Partners, achieving a post-money valuation of $24.44 million. This early-stage funding supported the development of autonomous weeders that use computer vision and lasers to eliminate weeds without chemicals or tillage. The round fits into Carbon Robotics' funding trajectory, which began with seed investments and progressed through multiple series. Bolt and Ignition Partners participated as key backers in this 2019 round, prior to larger subsequent raises like the $27M Series B in 2021. |
| Dec 2016 | Seed | Techstars; SOSV; Duke Angel Network | $3M | - | - |
| Jun 2015 | Pre-seed | Techstars; Qualcomm Robotics Accelerator; SOSV | $100K | - | - |
Who has invested in Carbon Robotics?
15 investors have backed Carbon Robotics across its funding rounds, including Ignition Partners, Voyager Capital, FUSE, Anthos Capital, Techstars and SOSV.
Lead investors include Giant Ventures, Bond, Sozo Ventures, Anthos Capital, Bolt and 1 other investor.
Carbon Robotics Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| San Francisco, CA | 4 | Lead | Sep 2019 | |
| Seattle, WA | 3 | Participant | Sep 2021 | |
| Seattle, WA | 3 | Participant | Sep 2021 | |
| Los Angeles, CA | 3 | Lead | Sep 2021 | |
| San Francisco, CA | 2 | Lead | Apr 2023 | |
| San Francisco, CA | 2 | Participant | Sep 2021 | |
| Boulder, CO | 2 | Participant | Jun 2015 | |
| Princeton, NJ | 2 | Participant | Jun 2015 | |
| San Francisco, CA | 2 | Lead | Sep 2019 | |
| San Jose, CA | 1 | Participant | Oct 2024 | |
| Washington, DC | 1 | Participant | Oct 2024 | |
 London | 1 | Lead | Oct 2025 | |
| San Diego, CA | 1 | Participant | Jun 2015 | |
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialCarbon Robotics Competitors
Carbon Robotics competitors include listed companies like Honghua Group and Firefly, and private ones like Dhaksha, Solinftec, Atomic Industries and Verdant Robotics.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Chennai | Private | $5M | - | $229M | 45.8x | |
 Araçatuba | Private | $60M | - | $270M | 4.5x | |
 China | Publicly listed | $819M | $78M | $121M | - | |
| Warren, NJ | Private | - | - | $126M | - | |
| San Francisco, CA | Private | - | - | $126M | - | |
 Sweden | Publicly listed | $51M | $7M | $103M | - |
Carbon Robotics Public Comps
Carbon Robotics is still privately-owned, but its public comps include Honghua Group, Everybot, Hdclabs, Kudan, Firefly, Maytronics, Simtel Team, RoboRobo, Circus and Drone Volt.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $819M | $78M | 0.9x | - | 9.7x | - | |||
| $25M | ($7M) | 4.8x | - | (17.7x) | - | |||
| $470M | $15M | 0.2x | 0.2x | 4.9x | - | |||
| $8M | ($1M) | 12.1x | 13.3x | (79.7x) | - | |||
| $51M | $7M | 1.9x | - | 14.9x | - | |||
| $463M | ($5M) | 0.7x | - | (73.8x) | - | |||
| - | - | - | - | - | - | |||
| $10M | ($1M) | 5.8x | - | (50.3x) | - | |||
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Common questions about Carbon Robotics
| When was Carbon Robotics founded? | Carbon Robotics was founded in 2014. |
| Where is Carbon Robotics headquartered? | Carbon Robotics is headquartered in San Francisco, CA, United States. |
| Is Carbon Robotics publicly listed? | No, Carbon Robotics is a private, VC-backed company. |
| What is Carbon Robotics' valuation? | Carbon Robotics was last valued at $119M in its Series C in December 2023. |
| How much funding has Carbon Robotics raised? | Carbon Robotics has raised $194M across 9 funding rounds. |
| What was Carbon Robotics' last funding round? | Carbon Robotics' last funding round was a $20M Series D in October 2025, led by Giant Ventures. |
| Who are Carbon Robotics' investors? | Carbon Robotics' investors include Ignition Partners, FUSE, Voyager Capital, Anthos Capital, Sozo Ventures, Liquid 2 Ventures, Techstars, SOSV, Bolt, NVentures and 5 others. |
| Which companies are comparable to Carbon Robotics? | Companies comparable to Carbon Robotics include Dhaksha, Solinftec, Honghua Group, Atomic Industries, Verdant Robotics and Firefly. |
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