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Moonrider.ai raises $6 million to expand its certified electric tractors, offering 70% lower running costs, ₹2 lakh yearly savings, advanced battery tech, and rapid growth plans for the next 12–24 months.
$6 million raised
Led by pi Ventures
70% lower running cost
₹2 lakh yearly savings
Certified tractor with active pilots
Moonrider.ai has successfully raised $6 million in a fresh funding round led by pi Ventures, with additional participation from Advantedge Founders and Micelio. This new investment will help the company speed up the development and expansion of its electric tractors across India.
Moonrider.ai’s electric tractor is already certified and is currently running pilot projects in the field. The company has also signed MoUs with several major partners, signalling strong industry support and early demand.
The electric tractor comes with some key innovations designed especially for Indian agriculture:
Immersion-cooled battery system for higher safety and long life
In-house Battery Management System (BMS) for better control and efficiency
High-voltage drivetrain engineered to match the performance of diesel tractors
Purpose-built components created specifically for farm operations
Moonrider’s in-house platform helps deliver diesel-like performance while keeping costs low for farmers.
One of the biggest advantages of Moonrider’s electric tractor is its 70% lower operating cost compared to diesel tractors.
For a 27 hp tractor, the company estimates annual savings of around ₹2 lakh, making it a highly attractive option for farmers looking to reduce fuel and maintenance expenses.
With the latest funding, Moonrider.ai aims to scale manufacturing and expand operations rapidly over the next 12–24 months. The company plans to bring its cost-parity, high-performance electric tractors to more regions and farming communities across India.
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Moonrider.ai’s $6 million funding marks a strong step forward in transforming India’s farming sector with clean and affordable electric tractors. With advanced technology, certified pilots, and strong industry partnerships, the company is ready to scale rapidly. The promise of diesel-like performance, lower operating costs, and savings of up to ₹2 lakh per year makes Moonrider’s electric tractor a practical and future-ready solution for farmers in the coming years.