US EditionB.C. mushroom-picking robot maker 4AG raises $40-million, led by European funds
SALMON ARM, BRITISH COLUMBIA, CANADA, JUL 29 – 4AG Robotics’ autonomous mushroom-picking robots reduce labor costs by up to 50% and have sold over 53 machines with deposits for 40 more, CEO Sean O'Connor said.
- On July 29, 2025, 4AG Robotics closed a $40 million CAD Series B round led by Astanor Ventures and Cibus Capital with support from Voyager Capital and others.
- In a sector expected to surpass $70 billion by 2030, harvesting accounts for up to 50% of production costs as mushrooms double in size every 24 hours.
- 4AG's plug-and-play robotic fleet offers growers a path to competitiveness, with AI-powered robots that pick, trim, and pack mushrooms directly from existing infrastructure using 520 kilogram machines.
- This financing positions 4AG to meet surging global demand with new deployments soon in the Netherlands and the United States.
- Following this funding, revenue is expected to top $7-million this year, up from $2.5-million in 2024 and zero in 2023.
12 Articles
12 Articles
4AG Robotics Raises $40 Million Series B to Accelerate Global Adoption of Autonomous Mushroom Harvesting
4AG Robotics, the global pioneer in fully autonomous mushroom harvesting, today announced the close of its $40 million CAD Series B financing, led by Astanor and Cibus Capital, with support from new investor Voyager Capital and existing investors InBC, Emmertech, BDC Industrial Innovation Fund, Jim Richardson Family Office, Stray Dog Capital and Seraph Group. This round follows a $17.5 million round in 2023, bringing total capital raised to $57.5
PR Newswire
Newswire4AG Robotics Raises $40 Million Series B to Accelerate Global Adoption of Autonomous Mushroom Harvesting
/PRNewswire/ -- 4AG Robotics, the global pioneer in fully autonomous mushroom harvesting, today announced the close of its $40 million CAD Series B financing,...
4AG Robotics raises $40M to scale autonomous mushroom harvesting
.bh__table, .bh__table_header, .bh__table_cell { border: 1px solid #C0C0C0; } .bh__table_cell { padding: 5px; background-color: #FFFFFF; } .bh__table_cell p { color: #2D2D2D; font-family: 'Helvetica',Arial,sans-serif !important; overflow-wrap: break-word; } .bh__table_header { padding: 5px; background-color:#F1F1F1; } .bh__table_header p { color: #2A2A2A; font-family:'Trebuchet MS','Lucida Grande',Tahoma,sans-serif !important; overflow-wrap: bre…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
