# Iron Ox

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/iron-ox

- Industry: Agribusiness
- Headquarters: San Carlos, US
- Website: www.ironox.com
- Total disclosed funding: $101M
- Latest round: Series C (Sep 22, 2021)
- Investors on record: 12

## About

Iron Ox, Inc. is a U.S.-based company specializing in automated farming solutions that integrate robotics and AI to enhance agricultural efficiency and sustainability.Founded in 2015 in San Carlos, US, Iron Ox, Inc. focuses on redefining agriculture through innovative automation technologies. The company has successfully raised funding, including a Series C round of USD 53.00 mn on September 22, 2021, led by Breakthrough Energy Ventures. Notable investors in this round also included Amplify Partners, At One Ventures, Crosslink Capital, ENIAC Ventures, Pathbreaker Ventures, R7 Partners, Tuesday Capital, Y Combinator, and i/o Ventures. Iron Ox has completed a total of 10 funding deals, with its current valuation at USD 260.77 mn.Iron Ox, Inc. specializes in developing advanced automated farming systems that utilize robotics and artificial intelligence to optimize crop production. Their primary offerings include autonomous greenhouses that integrate cutting-edge technology for efficient plant growth and management. The company aims to address challenges in traditional farming by providing solutions that enhance productivity while promoting sustainability in agricultural practices.Iron Ox, Inc. generates revenue primarily through its subscription-based model for its farming automation systems. Clients invest in long-term contracts that include both hardware and software solutions, ensuring consistent revenue streams. The pricing structure is designed to cater to various agricultural needs, offering different service levels that align with clients' operational requirements.Following their Series C funding of USD 53.00 mn in September 2021, Iron Ox, Inc. plans to expand its grocery store presence significantly. The company aims to increase hiring, particularly for roles such as plant scientists, engineers, greenhouse operators, and roboticists, to support their growth initiatives. Additionally, Iron Ox is focusing on expanding its market reach, targeting new geographic regions to implement their automated farming solutions.

## Funding rounds

- Series C, Sep 22, 2021, $53M — Crosslink Capital, Y Combinator, Tuesday Capital, Eniac Ventures, i/o Ventures, Amplify Partners, R7 Partners, Pathbreaker Ventures, Breakthrough Energy Ventures, At One Ventures
- Series B, Aug 26, 2020, $20M — Crosslink Capital, Y Combinator, Tuesday Capital, Eniac Ventures, Amplify Partners, R7 Partners, Pathbreaker Ventures, At One Ventures
- Series A, Sep 1, 2019, $20M — Crosslink Capital, Tuesday Capital, Eniac Ventures, Amplify Partners, R7 Partners
- Seed, Jan 3, 2018, $3M — Eniac Ventures, Amplify Partners
- Seed, Dec 19, 2017, $5M — Eniac Ventures, Amplify Partners, Comet Labs
- Angel, Apr 1, 2016 — Cherubic Ventures

## Investors

- Cherubic Ventures (https://capitalatlas.ai/funds/cherubic-ventures) — Angel
- Eniac Ventures (https://capitalatlas.ai/funds/eniac-ventures) — Seed, Series A, Series B, Series C
- Amplify Partners (https://capitalatlas.ai/funds/amplify-partners) — Seed, Series A, Series B, Series C
- Comet Labs (https://capitalatlas.ai/funds/comet-labs) — Seed
- Crosslink Capital (https://capitalatlas.ai/funds/crosslink-capital) — Series A, Series B, Series C
- Tuesday Capital (https://capitalatlas.ai/funds/tuesday-capital) — Series A, Series B, Series C
- R7 Partners (https://capitalatlas.ai/funds/r7-partners) — Series A, Series B, Series C
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series B, Series C
- Pathbreaker Ventures (https://capitalatlas.ai/funds/pathbreaker-ventures) — Series B, Series C
- At One Ventures (https://capitalatlas.ai/funds/at-one-ventures) — Series B, Series C
- i/o Ventures — Series C
- Breakthrough Energy Ventures (https://capitalatlas.ai/funds/breakthrough-energy-ventures) — Series C