4AG Robotics has closed its $40 million CAD Series B financing, led by Astanor and Cibus Capital, with support from new investor Voyager Capital and existing investors InBC, Emmertech, BDC Industrial Innovation Fund, Jim Richardson Family Office, and Stray Dog Capital. This round follows a $17.5 million round in 2023, bringing total capital raised to $57.5 million in the past two years.
The funding positions 4AG to meet global demand for its robotic harvesting platform, already in use across Canada, Ireland, and Australia, with new deployments soon to be underway in the Netherlands and the United States.
© 4AG
The system uses AI-powered computer vision, precision suction grippers, and advanced motion control to autonomously harvest, trim, and pack mushrooms 24/7.
"In just two and a half years, we've gone from asking farms to trial our technology to having deposits for over 40 additional robots," said Sean O'Connor, CEO of 4AG Robotics. "As one of the first companies to fully automate the human hand in produce harvesting, we're ushering in a new era for mushroom farming."
The company's system uses AI-powered computer vision, precision suction grippers, and advanced motion control to autonomously harvest, trim, and pack mushrooms 24/7—without manual labor. Designed to retrofit into existing Dutch-rack infrastructure, the robots enable consistent quality, reduced labour costs, and real-time operational data for growers.
"We are not just a theoretical robotics project that works in a controlled lab environment—this is the real world experience and the system thinking that is critical to working with the complexity of real farm environments, and being able to deliver commercially successful automation into those environments," said Chris Payne, COO.
© 4AG
The Forager HX-400 arriving on site.
The investment marks Astanor's entry as a major partner to 4AG Robotics. Cibus Capital, a leading agri-food tech investor based in the UK, also joined the round to support 4AG's continued expansion into Europe and beyond.
The global mushroom sector—expected to surpass $70 billion by 2030—continues to face labour shortages and margin pressure. In western markets, harvesting accounts for up to 50 percent of production costs. These challenges are amplified by the constant need for harvesting, with mushrooms doubling in size every 24 hours, and farms needing to harvest their crops every day of the year.
"Growers want tech that works out of the box, delivers ROI in under three years, and scales globally," said Michelle Lim, VP of Growth at 4AG Robotics. "That's what we've built, and this funding gives us the fuel to move even faster."
With this capital, 4AG Robotics will:
- Expand its manufacturing footprint in Salmon Arm, BC
- Grow its field service and customer success teams
- Accelerate development of next-gen features like punnet packing, disease detection, and AI-driven yield optimization
For more information:
Michelle Lim
4AG Robotics
Tel: +1 (236) 601-9738
https://4ag.ai/