Foley Hoag Congratulates Harvest Automation on $11.75 Million Series C Financing
October 29, 2013
Foley Hoag LLP represented Harvest Automation, Inc. as it closed an $11.75 million Series C financing round.
Headquartered in Boston, Harvest Automation develops robotic equipment for the agriculture industry. The company plans to use the funding to commercialize their first product, a robotic system called the HV-100 that is used in commercial nurseries and greenhouses to reduce cost and improve quality and efficiency. New York-based Mousse Partners Limited led the financing round. Existing Investors Life Science Partners, Cultivian, Founder Collective, Entrée Capital and MassVentures also participated in the round.
Mark Haddad and Jason Steinman of Foley Hoag represented Harvest Automation in the transaction.
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