Scythe Robotics, the company developing commercial-grade autonomous solutions for the professional landscape industry, has 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.
"Since launching from stealth in June 2021, we've seen overwhelming interest from commercial landscape contractors in Scythe M.52 as a solution addressing both their crippling labor pains and their electrification needs," said Jack Morrison, co-founder and CEO of Scythe. "We're thrilled to expand our outstanding investor list, particularly with the addition of influential climate-tech investors Energy Impact Partners and ArcTern Ventures, and secure more capital to scale and meet the phenomenal demand for M.52 as we work to decarbonize the landscape industry."
With a battery designed to mow all day on a single charge, the latest generation of Scythe M.52 has increased durability to stand up to the demands of landscape operations and additional computing power for even more advanced autonomy. The mower features a suite of sensors that enable it to operate safely in dynamic environments by identifying and responding to the presence of humans, animals and other potential obstacles. Simultaneously, it captures property and mower performance data, which helps landscape contractors improve workflow, identify upsell opportunities, schedule more efficiently and manage labor costs.
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