Scythe raises $42 million for its electric robotic mower
Reading Time: 2 minutesScythe first hit our radar when it emerged from stealth in 2021 with a $13.8 million Series A. The world of robotic mowers is already a fairly crowded one, but while many are going after home applications (lawn Roombas, if you will), the Boulder, Colorado–based firm is specifically targeting commercial landscapers.
This morning it’s announcing a $42 million Series B, which brings its to-date funding north of $60 million. The round was led by Energy Impact Partners and features new investors like ArcTern Ventures, Alumni Ventures and the Alexa Fund. The last one is certainly intriguing, as Amazon loves to use these as opportunities to integrate its voice assistant into third-party tech, but the company says it doesn’t ‘have anything to share regarding future plans for integrating voice controls into M.52.’
Scythe began delivering the mower to customers in Texas late last year and is beginning to deliver them in Florida as well. This new round will — in part — go toward fulfilling its 7,500 existing reservations. Hiring is on the docket too.
‘Scythe is now just over 50 people and we’re excited to grow the team in the coming years. We already have a bunch of roles open and we plan to hire dozens more over the next 12 months,’ Morrison says. ‘We’ll not only be hiring across many engineering disciplines (from computer vision and robotics to mechanical and electrical engineering), but we’ll more than double the size of our manufacturing and customer teams as we build and deploy many more M.52.’
Morrison adds that, while the climate hasn’t been particularly great for fundraising, the firm was still able to find some like-minded investors. ‘The market has definitely taken a bearish turn,’ he adds, ‘that committed climate VCs are well funded and actively looking for investment opportunities that urgently address the intensifying climate crisis we face.’
Ref: techcrunch
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