Seederal from France secures €11M to advance Electric Tractor Development

Share now

Read this article in:

Seederal from France secures €11M to advance Electric Tractor Development
© Seederal

French agro-machinery startup Seederal has successfully raised €11 million to further develop its innovative 160-HP electric tractor. This funding consists of €7.1 million from a recent round led by Supernova Invest and additional partners, plus €3.7 million in aid through France’s 2030 program.

Seederal, based in France, is dedicated to transforming agricultural machinery by leveraging electric power to enhance efficiency and sustainability. The company has created a prototype of a 160-horsepower electric tractor, proving the feasibility and reliability of its electric traction chain.

Advertisement

Strategic Funding to Fuel Growth

The funds will be used to accelerate R&D, support ongoing clinical trials, and expand recruitment to solidify Seederal’s position in the carbon-free agricultural machinery sector. This includes further development of its chassis-battery system, strengthening its patent portfolio, and launching iterative prototypes. The goal is to launch the final model by 2026.

Enhancing Agricultural Sustainability

Seederal’s electric tractors represent a key segment in agricultural machinery, targeting medium-power tractors that account for more than half of the tractors sold in Europe. This approach not only meets the versatile needs of modern agriculture but also significantly reduces carbon emissions—potentially cutting the carbon footprint by 15 to 20 tonnes per unit annually, equivalent to the emissions of 17 cars each year.

Collaboration and Support

The funding round was supported by Supernova Invest’s new AgriFoodTech fund, launched with Crédit Agricole, emphasizing a disruptive approach to tractor design. This innovative strategy involves an integrated battery chassis that achieves optimal energy density, much like Tesla’s approach in the automotive industry.

With this strategic investment, Seederal is set to revolutionize the agricultural sector by providing a sustainable, efficient alternative to traditional diesel tractors, highlighting the company’s commitment to reducing environmental impact and advancing agricultural innovation.

Advertisement

Get the top Stories in your Inbox

Sign up for our Newsletters
[mc4wp_form id="399"]