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Robot maker · registered

Monarch Tractor

Corporate marketagricultureCurated record
monarchtractor.com

MK-V is the world's first fully electric, driver-optional smart tractor: combines electrification, machine learning-based Row Follow autonomous navigation, and the WingspanAI farm-management platform for fleet telemetry, autonomous operations scheduling, and data analytics. Available in Standard, Dairy, and Utility variants; targets vineyards, dairy, berry, orchard, and land-management operations. EU subsidiary established December 2024 in Antwerp, Belgium with planned local manufacturing and R&D hub.

HeadquartersLivermore, US
Founded2018
Corporate funding$214M
Team101-200
Deployments8
Open roles1
01

Company overview

Identity and operating footprint

Company typeRobot maker
Market segmentCorporate
StageSeries C
FoundersPraveen Penmetsa (CEO), Mark Schwager (CTO), Carlo Mondavi (co-founder, departed early 2025), Zachary Omohundro (co-founder)
Regions servedNorth America, Europe
Countries deployedUS, CA, BE
Service footprintHQ Livermore CA; US manufacturing partnership with Foxconn in Ohio; 400+ MK-V units across 12 US states and 3 countries (US, CA, plus Europe); Monarch Tractor Europe N.V. established December 2024 in Antwerp, Belgium with local manufacturing and R&D
Last reviewed2026-07-05
MX

Robot models

Specifications remain vendor-claimed

Machineagriculture

MK-V Smart Tractor

  • 400+ tractors deployed, 42,000+ operating hours, 850+ tons CO2 offset; available in Standard, Dairy, and Utility variants; up to $18K annual savings per tractor vs diesel; Row Follow autonomous capability

    vendor-stated fleet metrics and performance claims as of mid-2024

    Claim source
Machineamr

MonarchOne Platform

  • No specifications on file.
DP

Deployment log

Announced and cited only

AnnouncedCustomerSiteCountryCountEvidence
2025-05-15Gamble Estateswinery/vineyardUSNot disclosedAnnouncement
2025-04-17Dairy Farmers of America (DFA) member farmsdairy farm networkUSNot disclosedAnnouncement
2025-03-31GH Dairydairy farmUSNot disclosedAnnouncement
2024-07-01MVP Dairydairy farmUSNot disclosedAnnouncement
2024-06-13Foxhill Vineyardswinery/vineyardUSNot disclosedAnnouncement
2023-10-20Gloria Ferrer Estate Vineyardswinery/vineyardUSNot disclosedAnnouncement
2023-06-01Beckstoffer Vineyards (Las Amigas & Georges III Ranch, CA)winery/vineyardUS4Announcement
2022-12-01Constellation Brands (To Kalon Vineyard, Oakville CA)winery/vineyardUS6Announcement
CA

Funding history

Publicly announced rounds

Investors on recordAGCOCNH IndustrialYamaha MotorFoxconn
HR

Hiring signal

Public job board · 2026-07-11

Open roles1

Hiring is an operating signal, not deployment evidence. Roles are refreshed from the company’s public careers system.

EngineersTeam unlisted · Farmers, and Industry Experts
TL

Company timeline

Milestones and announcements

2026-04-20Caterpillar Acquires Monarch Tractor ↗American Ag Network
2026-04-14IP and technology assets acquired by Caterpillar Inc.; deal terms undisclosed; Livermore HQ vacated February 2026TechCrunch
2026-04-14Caterpillar Acquires Monarch Tractor ↗Precision Farming Dealer
2025-11-01Filed WARN Act notice detailing 89 layoffs; internal memo warned company could shut down; Foxconn had sold Ohio plant to SoftBank in August 2025TechCrunch
2025-08-25Launched MonarchOne platform: end-to-end AI and autonomy stack for OEM licensing in off-highway industries; pivoted away from direct tractor hardware; partnered with Ag Growth International (AGI)Business Wire
2025-04-17Partnership with Dairy Farmers of America (DFA) for autonomous feed-pushing with MK-V Dairy across DFA member farmsThe Robot Report
2024-12-19Established Monarch Tractor Europe N.V. in Antwerp, Belgium; MD Stéphane Jacobs appointedMonarch Tractor
2024-11-01Showcased MK-V at EIMA (Bologna, Italy) and Vinitech Sifel (Bordeaux, France); announced Foxconn Ohio manufacturing partnershipMonarch Tractor
2024-06-01Raised $133M Series C (total funding over $240M); 400+ MK-V tractors deployed in 12 states and 3 countriesThe Robot Report
SC

Source ledger

18 unique public sources

01
Monarch Tractor's collapse ends with an acquisition by CaterpillarTechCrunch · retrieved 2026-07-05
02
Monarch TractorMonarch Tractor · retrieved 2026-07-05
03
Monarch Tractor Announces $133M Series C Funding: Marking Largest-Ever Raise in Agricultural RoboticsPR Newswire · retrieved 2026-07-05
04
Monarch Tractor and Farm Electrification Consortium Partners Awarded California Energy Commission Grant for Vehicle-to-Building Technologies for Resilient Backup PowerBusiness Wire · retrieved 2026-07-05
05
Monarch Tractor Secures $61M in Series B Funding to Accelerate Production and Deployment of Smart, Driver-Optional, Electric TractorMonarch Tractor · retrieved 2026-07-05
06
Monarch Tractor Closes $20 Million Series A With Global PartnersMonarch Tractor · retrieved 2026-07-05
07
Gamble Estates Featured on KPIX | CBS News Bay AreaMonarch Tractor · retrieved 2026-08-08
08
Monarch Tractor partners with Dairy Farmers of America for autonomous feed pushingThe Robot Report · retrieved 2026-07-05
09
MK-V Dairy Tractor Brings Increased Milk Production, Labor Efficiency & Fuel SavingsMonarch Tractor · retrieved 2026-07-27
10
MVP Dairy Cuts Costs & Boosts Efficiency through ElectrificationMonarch Tractor · retrieved 2026-07-27
11
MK-V Helps Freshman Vineyard Owner Find Success in First YearMonarch Tractor · retrieved 2026-07-27
12
Gloria Ferrer Enlists MK-V to Achieve Net Zero Emissions GoalMonarch Tractor · retrieved 2026-07-27
13
Beckstoffer Vineyards Weighs in on their MK-V FleetMonarch Tractor · retrieved 2026-07-27
14
Constellation Brands: First Year With the MK-VMonarch Tractor · retrieved 2026-07-27
15
Monarch Launches MonarchOne Platform, Accelerating Autonomy and AI for the World's Essential IndustriesBusiness Wire · retrieved 2026-07-05
16
Monarch Announces Establishment of Monarch Tractor Europe N.V.Monarch Tractor · retrieved 2026-07-05
17
MK-V Electric Tractor Showcased at Bologna & Bordeaux Ag ShowsMonarch Tractor · retrieved 2026-07-05
18
Monarch Tractor sets agricultural robotics milestone with $133M Series CThe Robot Report · retrieved 2026-07-05