Ranchbot raises $15 million in Series B to scale satellite ranch monitoring across the U.S.

Ranchbot, a ranch technology company that builds satellite-connected water and livestock monitoring tools, raised more than $15 million in a Ranchbot Series B round that closed in early August. Lewis & Clark Partners led the financing, with participation from Fulcrum Global Capital, Builders VC, the Cultiv8 Livestock Technology Fund, Lever VC and Macdoch Ventures.

As part of the transaction, the company completed a corporate restructuring that establishes Ranchbot Technology Holdings, a Delaware corporation, as the new global parent company with headquarters in Fort Worth, Texas. The business originated in Sydney, Australia, in 2014 under the Farmbot brand and now works with more than 12,000 customers monitoring roughly 10 million cattle and 15 million sheep. The capital will fund U.S. team expansion, hardware and software development, and a push into broader connected infrastructure for agriculture beyond the company’s core water-monitoring product.

The Ranchbot Series B round closed amid continued headwinds for agtech funding. PitchBook data show deal counts dropping to new lows in the first half of 2026, and the sector continues to reckon with the collapse of several high-profile indoor-farming ventures. Ranchbot’s focus on ranch-scale infrastructure and its established customer base distinguish it from earlier agtech bets that struggled to find commercial traction.

Source: Beef Magazine