Voltrac raises €7m to scale Thor - the unmanned ground vehicle that redefines how we feed and protect the world

Voltrac has today announced their €7 million seed round. The round was led by Extantia, with participation from FoodLabs, Antler, PUSH, and Prototype Capital. This new round quickly follows its €2 million pre-seed, and enables Voltrac to scale production to 100 units per year in 2026.

Voltrac was founded in 2024 by Thomas Hubregtsen and Francisco Infante Aguirre to address labour shortages in agriculture and front-line logistics. The duo, one with extensive experience in software and AI from working at Google X, BMW Research, and co-founding Extropic, the other with extensive experience in hardware from working at Volocopter and Destinus, brings the perfect mixture to bring AI in the physical world with the unmanned ground vehicle (UGV) called ‘Thor’. 

Labour shortage on agricultural land is an issue that Francisco experienced first hand. He comments, “My grandfather started a company selling tractor implements in over 25 countries, and my family farmed the land. When there was nobody left to work the fields, we had to sell that land. We built Thor so other families won’t have to make that choice.” 

In less than a year, the team designed and built Thor, and tested it across vineyards, olive groves, and citrus fields. Thor is tele-operated, and thanks to its autonomous capabilities a single operator can operate multiple vehicles at once. Additionally, it not only allows farmers to use any implement (plow, seed drill, atomizers, etc) they already own, but automates them, minimizing capex needs. 

The design of the vehicle is unique: while both legacy vehicle manufacturers and startups retrofit autonomy and electrification onto vehicles designed in the floppy‑disk era, Voltrac has reengineered its vehicle from scratch for a new era of mobility. The result is a platform with 70% fewer components, triple the battery capacity of competitors and fully swappable. 

They are ramping up production to 100 units a year from their Valencia-based facilities, at which they will reach a competitive price point. “Voltrac has cracked what most hardware startups struggle with: cost. They’re not asking farmers or defence operators to pay a green premium - they’re already at price parity with diesel platforms and on track to undercut them.” said Yair Reem, Partner at Extantia.

The platform, capable of hauling 4 tonnes of cargo autonomously over rugged terrain, is also perfectly positioned to aid in front-line logistics - a task that accounts for over half the casualties in Ukraine. The team travelled to Ukraine to speak to several unmanned units, and is now working to prepare on-site trials. 

“Voltrac’s Thor represents a generational leap. It outpaces anything coming from legacy players like John Deere and stands toe-to-toe with the most advanced Chinese platforms such as the Honghu T70.” says Andreas Klinger of Prototype Capital, “This is the kind of technology Europe needs to secure both its food systems and its front lines.”