LIVERMORE, Calif. – June 24, 2025 – Monarch Tractor, an industry leader in ag robotics and creator of both the MK-V, the world’s first 100% electric, driver-optional, and smart tractor, and Wingspan Ag Intelligence (WingspanAI), an advanced AI computing and farm management platform, has been selected by SVG Ventures | THRIVE Agrifood for inclusion on the 2025 THRIVE Top 50 AgTech report. Monarch is recognized for its innovative work in advancing agrifood systems towards a healthier, more sustainable future.
Since its MK-V tractor first entered the market in 2022, Monarch Tractor has helped the agriculture sector be better prepared against a multitude of challenges with technology and machinery to meet farmers’ and land managers’ most pressing needs. Inclusion in this report further validates the innovation, hard work, and dedication of the Monarch Tractor team and its customer partners to farming and vegetation management practices that are both profitable and sustainable today and for generations to come. This is the second time Monarch has been selected for the THRIVE Top 50 AgTech report.
Renewed Efforts for Critical Issues
CEO of SVG Ventures | THRIVE, John Hartnett, points out that investment slowed in AgTech during 2024, but investors continued to prioritize automation, AI, and climate-resilient solutions. He feels the sector is poised for renewed momentum with investor confidence centering on scalable innovations that advance food security and sustainability. With its modular technology and software-defined electric tractor, Monarch is pleased to be part of the solution that helps strengthen food, energy, and agriculture.
AgTech continues to be a distinct and dynamic sector, where cross-disciplinary innovations come together to tackle some of the planet’s most critical challenges. This report highlights the pioneering companies driving that evolution—shaping the future of technology and sustainability in agriculture and food systems.
John Hartnett, CEO of SVG Ventures | THRIVE, THRIVE Top 50 AgTech report, Letter of Acknowledgement
Momentum & Growth
Monarch has been steadily gathering an impressive list of industry firsts — world’s first (and currently only) fully electric, driver-optional, smart tractor, first to bring automated lane centering to a compact tractor for use in the narrow rows of specialty crops, and recently, the first to make a fully autonomous feature in a driver-optional, electric tractor commercially available. As of February 2025, dairy farmers with outdoor feed lanes can push feed autonomously with their MK-V Dairy tractor, day or night, to improve feed schedule reliability, alleviate labor shortages, and improve milk production. This summer, Monarch is expanding autonomous feed pushing to covered dairy lanes.
Growth is also active in other markets. In May 2025, Monarch, in partnership with Scout, an OEM of an AI-powered analytics platform for precision viticulture, released its first digital implement. In addition to vineyards and dairies, Monarch’s technology and machinery has expanded into orchards, blueberries, solar farms, sod, and land management for municipalities.
Recognition in the 2025 THRIVE Top 50 AgTech report is a source of encouragement and motivation. The Monarch team continues to innovate and engineer healthier solutions for agriculture, energy, the planet, the consumer, and the global food ecosystem.
