SWARMFARM Robotics has raised US$30 million in a Series B funding round. This comes after its Series A round of $12 million in February 2023.
The funding round was led by Edaphon, a European agtech investor. Other participants included the Clean Energy Finance Corporation (CEFC), QIC, and Artesian Capital. The CEFC contributed $7 million through its Powering Australia Technology Fund.
Existing investors also participated, including Melbourne-based Tenacious Ventures, GrainInnovate (managed by Artesian Venture Partners), and Canada’s Emmertech, which led the Series A round.
SwarmFarm was started in 2012 by Queensland farmers Andrew and Jocie Bate. The company makes small, self-driving robots that help farmers save money and reduce their impact on the environment.
The company has an open platform called SwarmConnect, which works like an “app store for farming.” Developers can create software for different crops and farming methods.
Farmers can use these apps to make their robots do specific tasks, and partners can sell their technology by connecting it with SwarmBots. Bate said the funding will help the company meet growing demand in Australia and start expanding globally.
“We’ve got adoption here across Australia now, and yet there are so many people we haven’t gotten to. This gives us the ability to get more technology in the hands of more farms across Australia,” he said.
He added that farmer adoption of SwarmFarm’s robots now exceeds the local tractor autonomy market.
Bate said the SwarmConnect ecosystem is critical, with some partners seeing significant growth.
“Some of them have tripled, quadrupled… they’re achieving $20 million plus increases in sales in 12 months by being a SwarmConnect partner,” Bate said in the current economic climate, affordability and efficiency are top of mind for farmers heading into 2026.
“Globally, commodity prices are low. Farmers need to be efficient, and machinery is becoming super expensive and unaffordable. What we offer with our SwarmConnect partners is a far more affordable way to put the latest technology on your farm.”
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