Tech Company Financing Transactions
Strella Biotechnology Funding Round
Strella Biotechnology, based in Philadelphia, raised $3.3 million from Catapult Ventures, Yamaha Motor Ventures and private investors.
Transaction Overview
Company Name
Announced On
5/5/2020
Transaction Type
Venture Equity
Amount
$3,300,000
Round
Seed
Investors
Catapult Ventures (Lead Investor)
Yamaha Motor Ventures (Lead Investor)
private investors (Art Mesher)
Proceeds Purpose
The company intends to use the funds for product expansion into the retail distribution market, refining its technology for on-pallet sensing to allow data streaming throughout transportation to ensure better product selection by distributors and product quality at delivery to grocery stores.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
3401 Grays Ferry Ave.
Philadelphia, PA 19146
USA
Philadelphia, PA 19146
USA
Phone
Undisclosed
Website
Email Address
Overview
Strella Biotechnology is a revenue generating food supply chain company that provides data to optimize the produce supply chain via patented proprietary sensing technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Katherine Sizov
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