TerraForce Announces Oversubscribed Convertible Note Round, Validating Demand for AI-Powered Farming Solutions
TerraForce, the cutting-edge ag-tech company revolutionizing specialty crop production with AI-driven robotics, proudly announces the successful completion of an oversubscribed $375,000 fundraising round. The overwhelming investor interest highlights the urgent need for innovative solutions in agriculture and underscores the confidence in TerraForce’s mission to empower farmers through service and technology.
Solving the Farm Labor Crisis with an Immediate ROI
Founded in 2024 by Michial J. Jacob, P.E., a farmer-turned-entrepreneur, TerraForce is solving one of the most pressing challenges in modern agriculture: the worsening labor shortage. Prior to founding TerraForce, Mike led and eventually exited Veritas Engineering Group, a high-growth engineering firm he founded in 2015, demonstrating his ability to scale while meeting customer demands. TerraForce leverages his engineering expertise, agricultural background, and business acumen to provide a safer and cost-effective alternative to unpredictable seasonal farm labor.
“This oversubscribed round and presales of our recurring services serve as a powerful validation of our vision to reshape the future of farming,” said Mike Jacob, Founder and CEO of TerraForce. “Farmers are seeking reliable, efficient, and data-driven solutions to their labor and productivity challenges, and this funding accelerates our development and expands our impact. With our MVP set to launch for the 2025 harvest season, we will transform the way large fruits are produced and will deliver an immediate return for the growers that partner with us.”
Competitive Edge & Future Growth
Unlike traditional manual harvesting, which is labor-intensive, inconsistent, and costly, TerraForce’s autonomous AI-powered robotic systems operate 24/7 with superior precision, grading accuracy, and predictive analytics. By eliminating human handling, TerraForce also reduces contamination risks and compliance burdens, making its technology an ideal solution for modern agricultural operations.
With this fresh capital infusion, TerraForce is accelerating its go-to-market strategy, expanding its engineering team, and further refining its capabilities. The company will continue to innovate, ensuring that farmers gain access to the most advanced, efficient, and profitable harvesting solutions available today.