Smart Pest Detection Tech Company Spotta Raises £3M
Spotta, a smart pest detection tech company based in Cambridge, UK, has recently announced that it has raised £3M in funding. Leading the funding round were The Yield Lab, STIHL Ventures, and ACF Investors. Notably, early investors such as Martlet, Wren Capital, and Remus Capital, as well as business angels from Cambridge Angels and Cambridge Capital Group, have continued to support the company in this round, and Growthworks has joined as a new investor. With this funding, Spotta aims to further its international expansion in the fields of agriculture, forestry, and horticulture.
At the helm of Spotta is Robert Fryers, serving as the CEO.
The company specializes in pest management technology and has built its foundation on advanced sensing technologies. Their monitoring systems leverage IoT hardware and smart algorithms, which allow for efficient detection and prevention of pest infestations. Undoubtedly, the company's systems have gained recognition from various European governments and are currently utilized in over ten countries across the forestry, agriculture, and commercial building sectors.
By securing this new round of funding, Spotta is well-positioned to continue making significant strides in the global market. The expansion into agriculture, forestry, and horticulture sectors aligns perfectly with the company's mission to address crucial challenges in pest management and improve overall productivity within these industries. With their innovative technologies and strong investor support, Spotta remains at the forefront of smart pest detection and is poised for continued growth and success.
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