Tech Company Financing Transactions
GroGuru Funding Round
GroGuru, based in La Jolla, scored $2.9 million in funding from Longley Capital, Mentors Fund and Right Side Capital Management.
Transaction Overview
Company Name
Announced On
9/24/2019
Transaction Type
Venture Equity
Amount
$2,900,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to grow its team, scale operations, and deploy critical sensor technologies that will be connected to the cloud.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
4250 Executive Sq. 200
La Jolla, CA 92037
USA
La Jolla, CA 92037
USA
Phone
Website
Email Address
Overview
GroGuru is focused on helping farmers implement strategic irrigation management. We deploy soil sensors that measure things like soil moisture, temperature and salinity at various root depth of crops. We wirelessly transmit this data to the Cloud where we add additional information to make AI-based recommendations to farmers about when and how much to irrigate their crops.
Management Team
Title
Name
Email & Social
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