Carbon Robotics Hits $100M, Eyes Global Growth with New CFO

SEATTLE, WA – March 19, 2026 – Carbon Robotics, a company at the forefront of agricultural artificial intelligence, has announced two major milestones that signal its transition from a disruptive startup to a dominant force in the ag-tech industry. The Seattle-based firm has appointed technology industry veteran Kevan Krysler as its new Chief Financial Officer, a strategic move that coincides with the company surpassing $100 million in annual revenue for its fiscal year ending January 31, 2026.

This dual announcement serves as powerful validation for the company's vision of using AI and robotics to solve some of agriculture's most persistent challenges. The appointment of a CFO with a history of steering major tech corporations through periods of intense growth underscores the company's ambition and increasing maturity in a competitive market.

"I’m very excited to have an industry veteran like Kevan join Carbon Robotics,” said Paul Mikesell, Founder and CEO, in a statement. “He really gels with our culture and brings public company financial and executive experience to round out our team. This is indicative of Carbon Robotics pushing forward and evolving our leadership to match our rapidly increasing maturity in the market."

A Strategic Move Toward Financial Maturity

The selection of Kevan Krysler is a significant indicator of Carbon Robotics' future trajectory. With nearly three decades of experience, Krysler's career includes pivotal roles at publicly traded technology giants. Most recently, he served as CFO at Everpure (formerly Pure Storage), a company known for its substantial growth in revenue and profitability during his tenure. His experience also includes senior finance positions at VMware and a partnership at KPMG.

Bringing in a CFO of Krysler's caliber is a classic move for a high-growth company preparing to scale its operations globally and solidify its financial foundations. In an ag-tech investment climate that has shifted towards a "flight to quality"—prioritizing companies with proven business models and strong leadership over speculative ventures—this appointment sends a clear message to the market. Krysler’s expertise in managing the finances of complex, rapidly expanding technology firms is precisely what a company like Carbon Robotics needs as it moves into its next phase.

For his part, Krysler pointed to the company's mission as a key motivator for his move into the agriculture sector. "What drew me to Carbon Robotics is the clarity of its purpose — using advanced AI and robotics as a transformative physical force for good," Krysler stated. "Farmers face enormous challenges balancing productivity, sustainability, and rising costs, and Carbon Robotics' AI-driven technology offers a real, scalable, and healthier alternative that delivers measurable positive impact for farmers."

The AI Weeding Out the Competition

The financial milestone and executive hire are built on a foundation of groundbreaking technology. Carbon Robotics has made its name with its flagship product, the LaserWeeder®, an autonomous robot that uses high-power lasers to identify and eliminate weeds without disturbing the soil or requiring chemical herbicides. This technology directly addresses soaring labor costs, the environmental impact of herbicides, and the growing problem of herbicide-resistant weeds.

At the core of this technology is a sophisticated AI platform the company calls Carbon AI, powered by what it has launched as the world’s first Large Plant Model (LPM). This foundational AI “brain” has been trained on a massive dataset of over 150 million plants, including more than 40 million meticulously labeled images from farms across three continents. This extensive training allows the system to distinguish between crops and weeds with incredible accuracy and to adapt quickly to new plant varieties and geographies.

The LPM enables a single, powerful model to be deployed globally, dramatically accelerating the system's ability to learn. This technological moat is what allows Carbon Robotics to serve customers across 15 countries and more than 100 different crop types. The company reports its technology has already eliminated over 10 billion weeds. Beyond weeding, the company is expanding its autonomous capabilities with the Carbon ATK (Autonomous Tractor Kit), signaling a broader ambition to automate a range of critical farm operations.

Navigating a Crowded and Evolving Field

Carbon Robotics is not operating in a vacuum. The agriculture robotics market is becoming increasingly dynamic, attracting billions in investment and drawing the attention of both specialized startups and established industry giants. Ag-tech M&A activity has been on the rise, with notable moves like Taylor Fresh Foods' acquisition of weeding tech developer FarmWise in 2025 and John Deere’s earlier acquisitions of Blue River Technology for its “See & Spray” system and autonomous tractor company Bear Flag Robotics.

Other players, like Monarch Tractor, which secured a record-setting $133 million Series C in 2024 for its electric, driver-optional smart tractors, are also pushing the boundaries of farm automation. However, Carbon Robotics has carved out a distinct and powerful niche. While many competing systems focus on the precision application of herbicides, the LaserWeeder offers a completely chemical-free solution. This distinction is crucial for organic farmers and for conventional growers looking to reduce chemical inputs and combat herbicide resistance, providing a significant competitive advantage.

With a customer base already established in North America, Europe, and Australia, the company has demonstrated the global appeal and scalability of its solution. The $100 million revenue figure is not just a number; it represents a significant footprint in fields and farms around the world.

Scaling Solutions for a Hungry Planet

The success of Carbon Robotics is deeply intertwined with the macro trends reshaping global agriculture. Farmers worldwide are under immense pressure from labor shortages, volatile input costs, and the urgent need to adopt more sustainable practices in the face of climate change. Technology that can increase efficiency, reduce reliance on manual labor and chemicals, and improve soil health is no longer a luxury but a necessity.

Investors have taken note. Despite some fluctuations in the broader venture capital market, targeted investment in proven ag-tech solutions remains strong. Carbon Robotics has successfully raised over $177 million in funding, including a $70 million Series D round in late 2024 and a subsequent $20.8 million Series D2 in 2025, demonstrating robust investor confidence in its technology and business model.

By combining sophisticated financial leadership with its pioneering AI, Carbon Robotics is positioning itself to not only capture a larger share of the burgeoning ag-tech market but also to play a pivotal role in creating a more resilient and sustainable global food system. The company's recent announcements are more than just corporate milestones; they represent a significant step forward in the technological revolution transforming how the world is fed.