Autonomy company Burro closes $24M series

January 26, 2024

Burro, a Philadelphia-based autonomous mobility company, closed a USD$24 million Series B co-led by New York City-based growth equity firm Catalyst Investors and Translink Capital, along with existing investors S2G Ventures, Toyota Ventures, F-Prime Capital, and Cibus Capital.

Burro is an autonomy company building the future of work outdoors. Founded in 2017, today, Burro has more than 300 robots working as harvest assist robots in nurseries and permanent crops, where they tow trailers autonomously, patrol depot yards, and serve as a platform and physical API for a growing set of technology partners.

Burro is rapidly growing in the U.S. within berry and grape farming and nurseries, with additional systems working at scale in Australia and New Zealand. They also have robots in paid commercial use within nurseries, berries, vineyards, citrus, and beyond, in Japan and South America.

“We have built a world-class product based upon state-of-the-art autonomous AI technology, and with this funding, we will deliver solutions for real-world problems, distributed world-wide through our network of dealers,” said Charlie Andersen, CEO of Burro.

This year, the Burro company will expand its commercial, product and engineering teams, bring on more dealers, and launch new products in direct response to customer demand, beginning with its new product offering: Burro Grande. Burro Grande expands beyond people scale (less than 500 lb. payload, light-duty towing) to a true pallet scale vehicle (1,500 lb. payload, 5,000 lb. towing), and features Burro Operation System Software V 5.0, which includes indoor/outdoor Lidar based localization for autonomous movement across indoor and outdoor operations.

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