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Energy Impact Partners led a $42m Series B funding round in Scythe Robotics.

Synopsis

Energy Impact Partners, a collaborative strategic investment firm, led a $42m Series B funding round in Scythe Robotics, a company developing advanced, commercial-grade autonomous solutions for the professional landscape industry, with participation from ArcTern Ventures, Alumni Ventures, Amazon's Alexa Fund, True Ventures and Inspired Capital. "Commercial landscaping electrification represents a massive but undercapitalized decarbonization opportunity, tackling more than 40 million metric tons of CO2e emissions annually. By combining cutting-edge robotics with a purpose-built electric platform, Scythe is delivering a no-brainer value proposition for its customers that unlocks the economics of electrification while also alleviating unprecedented labor constraints. With increasing regulatory pressures on emissions and air pollution, we see Scythe playing an instrumental role in decarbonizing our nation's largest crop: grass," Sameer Reddy, Energy Impact Partners Venture Managing Partner.

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