Toyota Ventures backs seed extension into Agtonomy, turning tractors into autonomous vehicles

Agtonomy co-founder and CEO Tim Bucher was born and raised on a farm and was deep into his own farming business when he took a computer course while at UC Davis and got hooked.

It was that parallel agriculture/technology career that led him to start Agtonomy, a hybrid autonomy and tele-assist service startup that turns tractors and other equipment into autonomous machines to provide a low-cost, technology-enabled labor force for local farms to manage such equipment.

It came out of stealth mode last September with $4 million in seed funding from a group of backers that included Grit Ventures, GV and Village Global.

Grit and GV came back again to invest in the South San Francisco-based company and were part of a $5 million seed extension that includes backers like Toyota Ventures, Flybridge, Hampton VC, E²JDJ and Momenta Ventures. The latest funding gives Agtonomy $9 million in total funding to date.

 

Keep reading this article at techcrunch.com.