The British agritech start-up surpassed its initial target with backing from over 2,500 retail investors.
"This funding round is transformative to Small Robot Company. The 2600 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 capital will be used to grow the team, develop the product offering, and scale globally.
"Every month over one million songs are released on Spotify which makes it hard for artists to cut through the noise. Major labels dominate the market by investing millions in their artists, leaving independent artists powerless and overshadowed."
Insight Partners led the £8.5m Series A round to support growth and technological advancement at Monolith AI.
"Deriving insight from data for decision-making is a complex but necessary challenge for engineering organisations. Engineers understand the data, they are embedded in the business and have the intuitions necessary to know why to process and model data. Democratising Al, by empowering engineers to be self- sufficient in building and deploying Al solutions, helps engineering organisations drive digital transformation more efficiently than other currently available solutions."
QVentures backed the legal technology startup to support its growth in European and American markets.
"QVentures took the time to really understand our business and help set Semeris up for successful growth. The closing of this funding round will spearhead the expansion of our capital markets legal AI products into the US."
The investment round was led by Blackfinch Ventures and will support the company's expansion into a multi-product platform.
"The support that many existing investors and new backers are showing for Edozo’s growth plans underlines their belief in our vision and confidence that our products provide solutions that are essential to the sector."
