Elbow Beach backed the follow-on investment to accelerate commercial launches and robotic harvesting expansion.
"Food manufacturers are facing several significant challenges; together, these issues are creating a challenging environment for food manufacturers, but also opportunities for innovation and growth. We offer food manufacturers a number of ways to respond to these challenges and opportunities, along with the ability to diversify and localise their protein sources."
The seed round was co-led by UK Innovation and Science Seed Fund and Expansion Aerospace Ventures.
"These programmes supported us from day one, helping us combine state-of-the-art research in hyperspectral remote sensing, machine learning and crop growth modelling to build something radically new – turning an ambitious idea into a commercial business with real-world impact. Now we’re ready to take this innovation global, helping farmers boost profits, cut emissions and keep soils healthy for future generations."
24Haymarket backed the environmental monitoring firm to help scale its commercial operations and product innovation.
"WATR is delivering critical infrastructure and real-time data solutions at a time when environmental monitoring is a global priority. The team’s technical agility and deep sector understanding position them to be a leading player in this fast-growing space."
The investment round includes participation from LDV Capital, MMC, and Navus Ventures.
"We are thrilled to have secured further investment to accelerate our mission of revolutionising controlled environment agriculture. By scaling our technology, expanding our commercial team and strengthening our market presence, we can help growers optimise yields, reduce waste and produce higher-quality food more efficiently. This is a major step forward in making precision plant intelligence accessible at a global scale."
The funding round was backed by investors including The FSE Group, Oxford Innovation Finance, Syndicate Rooms and Cambridge Angels.
"The biodiversity collapse is one of the top global risks identified by the World Economic Forum, with over half of the world’s GDP relying on nature. Our technology addresses the urgent need for accurate, scalable, and unbiased biodiversity monitoring around the world. This investment will enable us to enhance our platform and expand our reach, helping industries and government bodies make informed decisions backed by solid data."