Tech Company Financing Transactions
Proveye Funding Round
On 1/25/2023, Proveye raised $1.1 million in Seed funding from Inspire Investments and Enterprise Ireland.
Transaction Overview
Company Name
Announced On
1/25/2023
Transaction Type
Venture Equity
Amount
$1,087,000
Round
Seed
Investors
Inspire Investments (Lead Investor)
Proceeds Purpose
The company intends to use the funds to grow its customer base, and capitalise on its proven technology to develop further solutions across grassland, arable crops, and into more specialist areas of UAV image processing.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
UCD Research and Innovation, NovaUCD, Belfield Innovation Pa
Dublin 4, Undisclosed
UAE
Dublin 4, Undisclosed
UAE
Phone
Undisclosed
Website
Email Address
Overview
The Proveye founding team brings a wealth of experience in precision agriculture and environmental monitoring where success depends on making sense of complex data. Proveye was developed out of a frustration the founders had with using image data in agriculture. Poor quality made it almost impossible to extract and use valuable insights restricting the massive potential of image data to transform the agriculture industry. Proveye is growing fast and we're always on the lookout to add to our team of diverse, passionate people who share the dream of building something great and meaningful to our customers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jerome Connell
Co-Founder
Nicholas Holden
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