Monarch Tractor Timeline

Events

• 2024-07-22 - Funding - Monarch Tractor raises $133M Series C - Astanor and HH-CTBC Partnership co-led the round. At One Ventures, PMV and The Welvaartsfonds also participated. The capital supports commercial automation and autonomous-system workflows as Monarch Tractor moves from product development toward broader… - source: prnewswire.com
• 2023-04-04 - Production Milestone - Foxconn completes first Ohio-built Monarch MK-V tractors - The milestone moved Monarch MK-V production from Livermore into Foxconn contract manufacturing. The tractors were built at Foxconn Ohio under the 2022 manufacturing agreement. - source: monarchtractor.com
• 2022-12-13 - Production Milestone - Monarch Tractor starts MK-V Founder Series production - The first tractors came off the production line in Livermore, California. Constellation Brands was named as the first customer for the initial Founder Series units. - source: futurefarming.com
• 2022-08-09 - Partnership - Foxconn signs contract manufacturing deal with Monarch Tractor - The agreement covered next-generation agricultural equipment production at the Foxconn Ohio facility. The deal gave Monarch Tractor a contract-manufacturing path for scaling MK-V production. - source: foxconn.com