4AG Robotics

Salmon Arm–based 4AG Robotics has raised $40 million in Series B financing to expand global deployment of its autonomous mushroom-harvesting robots. The round, led by Astanor Ventures and Cibus Capital, brings total funding to $57.5 million in two years. 4AG’s AI-powered systems harvest mushrooms 24/7 and retrofit into existing infrastructure, reducing labour costs and boosting productivity.

Deployments are active in Canada, Ireland, and Australia, with upcoming launches in the U.S. and Netherlands. The new funds will support manufacturing expansion, customer service growth, and R&D for features like disease detection and punnet packing.

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TechBrew Robotics, now rebranded as 4AG Robotics, has secured a substantial $17.5 million in equity financing.

The funding, led by BDC Capital’s Industrial Innovation Venture Fund and InBC Investment Corp, addresses the labor-intensive challenges faced by the mushroom industry. Notable contributors to the financing round include Emmertech, Jim Richardson Family Office, Lex Capital, and various angel investors nationwide.

This marks InBC’s first direct investment, utilizing its $500 million public fund. 4AG Robotics, based in Salmon Arm, focuses on revolutionizing the mushroom sector, grappling with the intricate task of automating mushroom harvesting.

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