Electric tractor maker Moonrider raises $2.2 M in seed funding

Bengaluru-based electric tractor maker Moonrider has raised USD 2.2 million (around INR 19 crore) in a seed round led by AdvantEdge Founders and Micelio Technology Fund, along with angel investors. The proceeds will be used to boost innovation and capabilities in vehicle engineering, vehicle software, and battery technology.Founded in 2023 by Anoop Srikantaswamy and Ravi Kulkarni, Moonrider offers a comprehensive range of heavy-duty electric tractors, claiming to reduce operational costs for farmers and fleet operators.