Governor Deval Patrick today celebrated growth and opportunity in the Massachusetts innovation economy during a tour of Harvest Automation’s onsite manufacturing facility and robotics testing area. Harvest Automation manufactures sophisticated robots to support the agricultural industry at farms across the nation. The company’s growth from two to 37 employees has been bolstered by state investment through MassVentures.
“Harvest Automation is an exciting part of a flourishing robotics industry here in Massachusetts,” said Governor Patrick. “Harvest and companies like it prove that our strategy of investing time, ideas and a little money in education, innovation and infrastructure is a winning strategy for the Commonwealth.”
In 2008, MassVentures invested $500,000 in Harvest Automation and, in 2009, joined their board of directors as an observer. MassVentures continues to be actively involved with the company, investing approximately $2 million to date. With its help, Harvest Automation has leveraged a total of $18 million in private investment. Read the full story…