Harvest Automation Closes Series A
Billerica, MA-based robotics company Harvest Automation announced today that it has closed its Series A round of funding at $5.3 million, thanks to a $1.3 million investment from Founder Collective, with offices in New York and Cambridge, MA. The company, whose technology comes from iRobot veterans and is out to automate the commercial harvesting of shrubs, announced the first $4 million of its Series A financing back in January, with money from Massachusetts Technology Development Corporation, Life Sciences Partners, and Cultivian Ventures, which was formerly named the Midpoint Food and Ag Fund. With the newest funding, Founder Collective managing director Eric Paley joins the board of directors at Harvest Automation. The company, formerly known as Q Robotics when it emerged from stealth mode in 2008, is also adding Kiva Systems CEO Mick Mountz and iRobot CEO Colin Angle to its newly formed advisory board.