EV tractor startup Moonrider raises $6 million from Pi Ventures, Singularity AMC

The round also saw participation from Singularity AMC and existing backers Advantedge Founders and Micelio Fund, the Bengaluru-based company said.

Founded in 2023, Moonrider develops electric tractors aimed at reducing operating costs for farmers and fleet operators. Moonrider claims its tractors can cut farming expenses by up to 80% and have reached price parity with diesel-powered tractors through vertical integration…