Monarch Tractor Secures $61M in Series B Funding to accelerate production and deployment of smart, driver-optional, electric tractor. Monarch Tractor, maker of the world’s first fully electric, driver-optional tractor announced the successful completion of a $61M Series B funding round led by Astanor Ventures, one of the world’s leading sustainable food venture firms, with additional individual and independent contributions from CNH Industrial, At One Ventures and Trimble Ventures. With this most recent round of financing, Monarch Tractor will be scaling its sales, service and manufacturing footprint; expanding its product offerings; and launching international pilot test programs for regional market validation.
Read Full Press Release: https://www.monarchtractor.com/Series-B-Funding.html
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