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Leading Ag-Tech Startup Iron Ox Closes $53 Million Investment Round Led by Breakthrough Energy Ventures

Leading Ag-Tech Startup Iron Ox Closes $53 Million Investment Round Led by Breakthrough Energy Ventures

Iron Ox reports that they have closed a $53 million investment round led by Breakthrough Energy Ventures.

The C3 Take
  • Iron Ox is a Silicon Valley-based startup that uses artificial intelligence and robotics to increase crop yields and reduce agricultural emissions.
  • The company says that they will use its next round of funding to expand R&D, accelerate manufacturing, and grow its operation across the United States.
  • Iron Ox is showing that innovation, not regulation, is the best way to reduce emissions and improve the health of the planet.

“Iron Ox grows plants under natural sunlight, leveraging photosynthesis — the 3-billion-year-old process by which plants use energy from the sun to turn atmospheric CO2 into plant biomass, and the most scalable carbon capture technology on Earth.”

Read the full article here.

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