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
London, E1 6PJ
UK
Phone
Undisclosed
Website
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.
Management Team
Title
Name
Email & Social
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