Agtech startup Monarch Tractor shuts down after operational setbacks, with Caterpillar acquiring its autonomous and electric technology for integration into off-highway machinery.

The startup had faced mounting pressure from dealers, farmers, and a co-founder who complained that Monarch's tech didn't work properly.

Forbes had called the startup the next billion-dollar company.

While many are looking for more ways to incorporate technology in their farm equipment, Alberta-based startup Ursa Ag is ...

Caterpillar reportedly buys Monarch Tractor, gaining self-driving electric tractor tech as ag climate VC funding slumps.

Monarch Tractor was in a tricky spot late last year as the autonomous electric tractor startup juggled growth and an uncertain fundraising environment. Now, with $133 million in new funds, CEO Praveen ...

In the birthplace of Earth Day, there is a clear drive toward a more sustainable future as regional partners expand the electric vehicle movement beyond the typical car. Shifting gears to 100 percent ...

Technology leaders discussed some of the barriers to autonomous vehicle development during the 2025 World Agri-Tech Summit in San Francisco. (Photo: Chloe Lovejoy) As California’s agricultural sector ...