Monarch Tractor closes $133 million Series C at over $500 million valuation

U.S. agricultural robotics company Monarch Tractor has closed a $133 million (about 940 million RMB) Series C round co-led by Astanor and Foxconn-affiliated fund HH-CTBC Partnership L.P., at a valuation exceeding $500 million, bringing cumulative funding to $220 million.