Startups  December 1, 2020

Longmont-based Scythe Robotics raises $13.8M

LONGMONT — Scythe Robotics Inc. has raised $13.85 million in what appears to be its first major round of venture capital investment as it operates in stealth mode.

The Longmont company reported the all-equity investment from four investors last week, according to filings with the U.S. Securities and Exchange Commission. The figure includes an unknown amount of funding generated from the sale of a Simple Agreement for Future Equity warrant.

The only recorded funding amount the company previously raised was just under $750,000 in 2018.

Little is known about what exactly Scythe is developing; its…

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