Sabanto's mission is to accelerate autonomy in agricultural machinery to solve two primary problems: (i) the increasingly acute scarcity of labor in rural areas and (ii) ever-increasing capital expenses for modern ag machinery. Sabanto's core competency revolves around low-cost retrofits of existing agriculture machinery regardless of make or model, along with the development of necessary supporting software to maximize the utility of autonomous technology, thereby increasing producer ROI.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
08/18/22 | $17,000,000 | Series A |
Cavallo Ventures DCVC Fulcrum Global Capital Hico Capital Johnsonville Ventures Trimble Ventures Yara Growth Ventures | undisclosed |
11/04/22 | undisclosed |
Cooperative Ventures | undisclosed |