Tech Company Financing Transactions
Spotta Funding Round
Spotta secured a $3.8 million funding round on 12/15/2023. Investors included The Yield Lab, ACF Investors and REMUS Capital.
Transaction Overview
Company Name
Announced On
12/15/2023
Transaction Type
Venture Equity
Amount
$3,800,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to continue its international expansion in agriculture, forestry and horticulture.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Unit 2 Murdoch House Garlic Row
Cambridge, CB5 8HW
UK
Cambridge, CB5 8HW
UK
Phone
Website
Email Address
Overview
Robert Fryers and Neil D'Souza-Mathew spent the first decade of their careers developing some of the world's most advanced sensing technologies for challenging applications like medical implants and F1. In 2017, Neil persuaded Robert to take a look at the relatively unglamorous world of insect pests, where the tools available to the industry hadn't significantly changed for decades. They found a world dominated by the inefficient practice of going to a farm, forest, or a warehouse with a pen and a pad to look for damages caused by pests. By the time insect problems were identified it was already too late, the damage was done and the infestation had spread. ?
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Robert Fryers
Chief Technical Officer
Neil Mathew
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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