Funding Announcements

"This €2 million investment will allow us take our technology further into the European market and also enter the exciting North American market. We are planning to action our aggressive hiring plan over the coming months and grow our team significantly. This will initially focus on building our capacity to tackle major water management and sewer pollution issues through the hiring of software engineers, data scientists and drainage engineers, as well as expanding our marketing team to raise awareness of our products"

"We are delighted to be working with the Development Bank of Wales who were always our preferred key strategic partner for the company and our plans in Wales. Wales is a world leader in both farming and technology. We aim to bridge both of those skills to create innovation in the food supply chain both domestically and internationally."

"Vertical farming will be at the forefront of food production in the years to come; it is poised to help solve one of the biggest issues of our time – how to feed a growing population sustainably. We were impressed by Jamie’s vision and the company’s potential from their seed round and are looking forward to supporting this very special business in its rapid growth."

"This fundraising reinforces the potential of RootWave’s technology and will allow the company to grow its revenues and commercialise its next generation products. We are grateful for the support from our employees, existing board and shareholders and look forward to welcoming the new investor syndicate to our board. Together we will deliver innovative solutions that the market is urgently demanding."