Spotta raises £3.4m to expand its pest management platform globally.
The funding round includes backing from CPCA Business Growth Finance and The FSE Group to support international growth.
Spotta builds monitoring systems that combine artificial intelligence and low-power hardware to detect insect pests.
Spotta has secured £3.4m in a funding round to support the international expansion and development of its pest management platform. The Cambridge-based technology company deploys artificial intelligence and Internet of Things devices to provide real-time insect detection for customers. Investment was backed by CPCA Business Growth Finance, managed by The FSE Group, with advisory services provided by FSP.
The capital will enable the business to scale its operations into more than 20 countries and continue product development. Spotta currently operates in multiple sectors, offering actionable insights to address pest control challenges.
From the founder
"Securing this investment marks a pivotal moment for Spotta."
Robert Fryers
Co-founder and CEO at Spotta
Investor perspective
"Spotta’s unique combination of patented technology, robust business model, and experienced management team positions them as early leaders in their field."
Paul Lyristis
Investment Manager, The FSE Group
Use of funds
- 01Continue product development
- 02Expand into international markets