Small Robot Company celebrates £4 million crowdfunding success
by Startacus Admin
Innovative agritech startup, Small Robot Company raises £4million to support its mission to maximise food production while reducing the cost on the environment
We’re delighted to share the news that Small Robot Company (SRC), a British agritech start-up for sustainable farming, has just raised £4 million in a successful equity crowdfunding campaign with Crowdcube.
Some of you may recall that Small Robot Company’s CEO and Co-founder Ben Scott-Robinson was one of the fab keynote speakers at our LevelUp event earlier this year and so we’re thrilled (and not at all surprised) at this news!
The Crowdcube campaign was supported by over 2500 retail investors and actually raised its initial £2m target on the day of launch, and then, having reached the stretch ceiling of £4m, the campaign was closed early.
Small Robot Company's mission is to maximise food production while reducing its cost on the environment. Using robotics and artificial intelligence, it has created an entirely new model for sustainable, efficient and profitable farming. Its farmbots Tom, Dick and Harry will plant, monitor and treat arable crops autonomously, with minimal waste.
Speaking of the investment, Co-founder Ben Scott-Robinson comments: “This funding round is transformative to Small Robot Company. The investors have provided us with the resources to deliver on our promise, to both farmers and corporate customers. It is proof, not only that Small Robot Company is technically capable of delivering the change that farmers need, but that there is overwhelming public and industry support for delivering our vision, and the need for per plant farming in the food system of tomorrow.”
The company has now secured £11 million in funding to date and this latest investment will be used to finance its service for farmer and corporate customers with Per Plant data, the commercialisation of its Per Plant Action capability and the acceleration of AI modelling.
Small Robot Company has already achieved so much yet we reckon its real impact is only just beginning!
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
unplugged is a startup that's on a mission to help you unplug from your devices so that you can completely recharge.
Matter is an innovative startup on a mission to develop pioneering technology solutions for capturing, harvesting and recycling microplastics.
New initiative from Young Enterprise NI and the Department of Education aims to inspire future innovation and creativity from Northern Ireland's young people.
Looking for ways to attract new employees to your startup? Here are some tips to help entrepreneurs entice talented candidates.
 - In cradle 2.3.png)
Retinal imaging specialist epipole target US growth following £1.3m fundraise and appoint new CEO to accelerate the commercialisation of epiCam.
Need some support to validate your startup and get investor-ready? The Raise Spring Accelerator programme is open for applications and will give you just that!
xigxag is a Cornwall-based startup that has created an innovative audiobook app offering great prices, no subscriptions and exclusive access to their listen-and-read x-book®.
The lowdown on Kanda, the fintech startup that's on a mission to help tradespeople build their businesses and win better work.
Submer secures investment to support expansion and growth of its innovative energy and water saving technology.
It may still be a pretty challenging and stressful time for businesses. However, here are a few basic tips that should help...
Published on: 26th August 2021
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Innovation 2121 aims to inspire young people to help shape Northern Ireland’s next 100 years. 21st Jan 2022 New initiative from Young Enterprise NI and the Department of Education aims to inspire future innovation and creativity from Northern Ireland's young people.
- Imaging experts epipole secure investment to support US growth 20th Jan 2022 Retinal imaging specialist epipole target US growth following £1.3m fundraise and appoint new CEO to accelerate the commercialisation of epiCam.
- Early stage tech startups sought for Raise Spring Accelerator programme 18th Jan 2022 Need some support to validate your startup and get investor-ready? The Raise Spring Accelerator programme is open for applications and will give you just that!
- Planet First Partners backs cooling tank technology that reduces data centre climate impact 18th Jan 2022 Submer secures investment to support expansion and growth of its innovative energy and water saving technology.
