Monarch Tractor raises $20M

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Livermore, Calif.-based Monarch Tractor, a driver-optional, electric smart tractor manufacturer, has raised $20 million in a Series A funding round.

Investors in the round include Musashi Seimitsu Industry, CNH Industrial, and VST Tillers Tractors. The round also includes At One Ventures, a Silicon Valley venture capital fund, and MUUS, a sustainability-focused private capital group.

[Image courtesy: Monarch Tractor]