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Krone manufactures specialized hay and forage equipment for the agricultural sector, providing performance-engineered machinery designed to enhance farming efficiency and profitability. Their product line includes advanced solutions for mowing, tedding, raking, and baling, all built to exacting standards. The company emphasizes superior quality and innovation in its equipment, aiming to meet the rigorous demands of modern farming practices.
The company was established in 1906 in Spelle, Germany, by Bernhard Krone and Anna Krone, driven by the insight that farmers needed more efficient tools to manage their operations. Their initial vision of "Making Farming Easier" led to consistent growth and expansion. Krone remains a family-owned and operated business, with visionary leader Bernard Krone maintaining hands-on involvement in product development and operational oversight, ensuring continuity of the founding principles.
Krone's products serve growers and custom operators within the hay and forage industry who require reliable and high-performing equipment. The company's vision is centered on being the premier choice for these customers by offering comprehensive solutions, including top-tier machinery, readily available parts, and dedicated service. This customer-driven approach informs their product design, ensuring their offerings continually address the evolving needs of the agricultural community.
Krone has 1 tracked investment across 1 company. The latest tracked deal is $31.0M Series A in FERNRIDE in June 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 14, 2023 | FERNRIDE | $31.0M Series A | 10X Founders, FLY Ventures, Promus Ventures, Push Ventures, Speedinvest | Ammar Alkassar, Christian Oldendorff, Orlando Bloom, Peter Thiel, DB Schenker, HHLA Next |