EKOBOT AB (publ) is the company behind one of the world’s first fully autonomous field robots that can take care of mechanical weed control with exceptionally high precision. Ekobot helps farmers and growers reduce costs of weeding crops while also doing it in a CO2 neutral and ecological way.
Through the issue proceeds, Ekobot intends to support the beginning of the commercialization phase of autonomous agricultural robots, with first orders in place for the 2022 growing season.
Augment acted as financial advisor to Ekobot in connection with the transaction.