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.
Pixyle AI secures seed funding round to help fashion ecommerce deliver better search experiences, enabling consumers to get to their desired items faster.
SaaS platform Mambu’s global network of partners share their insights and predictions on the forces likely to shape the industry next year.
Employee wellbeing experts Loopin share some insights on the truth behind your employee's notice of resignation.
Proptech startup Speiz secures seed investment to support its mission of digitally transforming the broken brokerage market.
The lowdown on Manchester based startup Chatloop and its mission to transform social media, giving you the power to start conversations on any website.
BT reveals new cohort of innovative startups aiming to help solve sustainability challenges in the manufacturing sector.
London-based startup Ribbon is on a mission to help other businesses better understand their users and build better product experiences.
London-based SaaS startup OutThink has developed an innovative approach to help companies to visualise risk, target interventions and prevent data breaches.
Participants in Catalyst’s Co-Founders programme offered opportunity to avail of a £10,000 proof of concept grant from Techstart to help validate their business idea.
Atoa announces pre-seed funding for its solution to empower and improve cash flow for independent, small and mid-sized UK retail merchants.
Published on: 26th August 2021
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Pixyle AI boosts fashion retailer sales by improving product discovery using AI 8th Dec 2022 Pixyle AI secures seed funding round to help fashion ecommerce deliver better search experiences, enabling consumers to get to their desired items faster.
- Norwegian proptech Speiz raises €1.3M to launch new European platform for warehouse leasing 5th Dec 2022 Proptech startup Speiz secures seed investment to support its mission of digitally transforming the broken brokerage market.
- BT pushes ahead with new sustainable digital solutions through its Green Tech Innovation Platform 1st Dec 2022 BT reveals new cohort of innovative startups aiming to help solve sustainability challenges in the manufacturing sector.
- Catalyst and Techstart offering startup co-founders the chance to win £10k proof of concept grants 30th Nov 2022 Participants in Catalyst’s Co-Founders programme offered opportunity to avail of a £10,000 proof of concept grant from Techstart to help validate their business idea.
