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Saga Robotics
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Developer of farm robots

Founded in 2016
Founded in

Company type Private Public ()
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Industry Group agriculture & food

Sector precision agriculture

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Norway As, Norway
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Updated by Cleantech Group on 03/27/2024

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IPO INFORMATION

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Date Investors Type Amount
01/31/2024 MP Pensjon MP Pensjon , Songa Investments Songa Investments , Nysnø Climate Investments Nysnø Climate Investments , Aker Aker , Rabo Ventures Rabo Ventures , Hatteland Hatteland , Melesio Capital Melesio Capital , Sanden Sanden , Dagens Næringsliv Dagens Næringsliv , ICP Ventures ICP Ventures (10)
Post-money valuation of
The capital will fuel expansion in US vineyards, strengthen its UK market presence, and develop new tools and data services.
Series B $11,500,000
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Products
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Thorvald

Thorvald, the company’s flagship autonomous robot, is designed to supplant traditional tractors and manual labor. By deploying Thorvald, farmers can achieve a 60-90% reduction in pesticide use, significantly lower CO2 emissions, and combat plant diseases more effectively.

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