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Venture Capital News: Scythe Robotics Lands $42M Series B Round

2023-01-24
BOULDER, CO, Scythe Robotics today announced it has raised $42 million in Series B financing.
Scythe Robotics, the company developing advanced, commercial-grade autonomous solutions for the professional landscape industry, today announced it has raised $42 million in Series B financing. The round was led by Energy Impact Partners and included additional new investors ArcTern Ventures, Alumni Ventures, and Amazon's Alexa Fund alongside participation from existing investors True Ventures, Inspired Capital and more. The funding will help Scythe meet demand for the more than 7,500 reservations for its all-electric, fully autonomous M.52 mower placed by commercial landscape businesses nationwide. This financing round brings the company's total capital raised to date to $60.6 million.

Scythe Robotics provides the commercial landscape industry with powerful commercial-grade, all-electric autonomous equipment solutions for more sustainably maintaining outdoor environments. The company's first commercial mower, Scythe M.52, has the most advanced autonomy technology on the market, bringing greater precision, productivity and scale.
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