Tech Insights - John Deere Acquires Autonomous Tractor Startup Bear Flag Robotics for $250 Million

Agricultural technology giant John Deere has signed a deal to acquire Bear Flag Robotics, an autonomous tractor startup based in Silicon Valley, for $250 million.

The autonomous systems developed by Bear Flag have already been deployed on a limited number of farms in the US and this number is likely to rise; given their new parent company’s significant manufacturing, marketing, and sales resources. As Jahmy Hindman, CTO at John Deere, describes: ‘Bear Flag's team of talented agriculture professionals, engineers and technologists have a proven ability to deliver advanced technology solutions to market. Joining that expertise and experience with Deere's expertise in autonomy, along with our world-class dealer channel, will accelerate the delivery of solutions to farmers that address the immense challenge of feeding a growing world.’