CHICAGO, IL, Cooperative Ventures, a venture capital fund formed by North America's leading agricultural cooperatives, announced its first investment in Sabanto.

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.