Sabanto Series B Funding

Sabanto, a leader in autonomous retrofit technology for agriculture, announced an oversubscribed Series B funding round led by Bayer, with participation from Sustainable Forward Capital, InnoVenture Iowa, Fulcrum Securities, DCVC, and Yara International. The funding will accelerate commercialization, expand the customer base, and further develop autonomy retrofit kits across North America and beyond. Sabanto's retrofit platform enables existing tractors to operate autonomously, helping growers reduce labor costs, extend operating hours, and improve efficiency. The company recently expanded autonomous functionality into planting operations and integrated with AGCO — Precision Planting and Continental AG — DICKEY-john monitoring systems. The investment aligns with Bayer's sustainability goals, promoting lighter equipment to reduce soil compaction and fuel consumption.