Oslo-based Saga Robotics has secured €9.5 million in equity capital. Praesidium Agri-FoodTech, a Luxembourg-based VC fund, led this funding round, with returning investor participation, including Aker, Nysnø Climate Investments, Blystad, Hatteland, Melesio, Sanden, and MP Pensjon.
Scaling Thorvald's Global Reach
Saga Robotics, founded in 2016, develops Thorvald, a modular robotic platform. Thorvald provides automated services for soft fruit and grapevine production. These services include UV-C disease control and precision data collection. Consequently, growers boost yield, cut labor costs, and reduce chemical use. The company aims to promote cleaner food and more sustainable farming.
The Saga Robotics funding round closed in two tranches. The first tranche, €6.6 million, closed on June 23, 2025, primarily allocated to existing investors. The second tranche, €2.9 million, closed on July 8, 2025, targeting new investors. This capital accelerates the commercial rollout of Thorvald.
In the UK, Thorvald supports 13 strawberry growers. It treats approximately 20% of the national market. Saga Robotics targets exceeding 30% in 2026. Meanwhile, in the US, Thorvald operates across over 1,300 acres of vineyards. Plans exist to triple this footprint by 2026. The platform received approval for California’s CORE incentive programme. This program offers substantial grants for robot sales.
Over 150 Thorvald 3.0 units are active in the field. Saga Robotics recorded its first commercial revenue from its yield prediction data tool in 2025. The company strengthens its board with new members Laila Danielsen and Alice Laurora. Competitors in the AgTech sector include Naio Technologies and Iron Ox. This funding advances the field of robotics in agriculture.
