Greenfield Robotics Seeks Up to $18.6 Million in Public Share Offering

CHENEY, Kan. — Greenfield Robotics has announced a public share offering that could provide the agricultural robot developer with as much as $18.6 million before commissions and expenses.

The company is offering up to 8.99 million newly issued common shares at $2.07 each under Regulation A, according to its preliminary offering circular filed with the Securities and Exchange Commission. Existing shareholders may sell another 674,599 shares, but Greenfield will not receive those proceeds.

The best-efforts offering has no minimum fundraising requirement. It is being conducted through StartEngine and is not a stock market listing. Greenfield’s shares have no established resale market, and the company said it has no current plans to list them on an exchange or over-the-counter market.

Greenfield develops BOTONY autonomous robots for mechanical weed control and other agricultural work in broadacre crops, including corn, cotton, soybeans and sorghum. A drone maps the weeds before the robots navigate to their locations and cut them at ground level. The company offers the robot in wheeled and tracked configurations.

The SEC filing shows that Greenfield leased 23 robots to farms in seven states during 2025. The company took orders for the purchase of 48 robots and the lease of 22 more for delivery in 2026. It had shipped 60 robots by June 4.

Greenfield later said in its Sept. 11 announcement that 82 robots had worked in customers’ fields across 16 states and that it had delivered more than $1 million worth of robots during the 2026 season. Those updated operating figures do not appear in the preliminary SEC filing reviewed by Robot24.

Greenfield remains a small, money-losing business. It generated $189,467 in total revenue in 2025, down from $195,957 in 2024, and recorded a $2.9 million net loss. Robot service revenue more than doubled to $82,676, but the company recognized no revenue from robot sales during 2025 because it records customer deposits as deferred revenue until delivery and acceptance.

At the end of 2025, Greenfield had $759,655 in cash and an accumulated deficit of $16.7 million. Its filing said those conditions raised substantial doubt about the company’s ability to continue as a going concern without additional revenue or financing.

Greenfield plans to use any proceeds for manufacturing, field operations, research and development, marketing, administration, working capital and debt repayment. The filing estimates that offering expenses could reach $4.6 million if $20 million of shares are sold.