Tech Company Financing Transactions

Drovo Funding Round

Caygan Capital, Change Ventures and Growthdeck participated in a $3 million Series A funding round for Drovo. The financing was announced on 10/24/2023.

Transaction Overview

Company Name
Announced On
10/24/2023
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to further develop the dynamic digital rooftop screens element of its offering as well as expand its human resource and hardware acquisition.

Company Information

Company Status
Private & Independent
Industry
AdTech
Mailing Address
229 Shoreditch High St
London, E1 6PJ
UK
Phone
Undisclosed
Email Address
Overview
At Drovo, we're on the road to B Corp certification. As part of this, we incentivise electric vehicle adoption by paying EV drivers more than fossil fuel vehicle drivers. We are proudly 100% carbon neutral and offset all CO2 emissions for every campaign that we run. We're always exploring new initiatives, from testing CO2-absorbing paint to non-PVC wrapping that is dissolvable in water.
Profile
Drovo LinkedIn Company Profile
Social Media
Drovo Company Twitter Account
Company News
Drovo News
Facebook
Drovo on Facebook
YouTube
Drovo on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Artjom Jekimstev
  Artjom Jekimstev LinkedIn Profile  Artjom Jekimstev Twitter Account  Artjom Jekimstev News  Artjom Jekimstev on Facebook
Chief Financial Officer
Margaryta Pugachova
  Margaryta Pugachova LinkedIn Profile  Margaryta Pugachova Twitter Account  Margaryta Pugachova News  Margaryta Pugachova on Facebook
Chief Operating Officer
Hugo Santos
  Hugo Santos LinkedIn Profile  Hugo Santos Twitter Account  Hugo Santos News  Hugo Santos on Facebook
Chief Technical Officer
Jason McInerney
  Jason McInerney LinkedIn Profile  Jason McInerney Twitter Account  Jason McInerney News  Jason McInerney on Facebook


 

 

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Prev: 10/24/2023: QuoteWell venture capital transaction
Next: 10/24/2023: Circu Li-ion venture capital transaction

 

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We do our best to report on every notable VC transaction. All VC database entries on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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