Spotta secures £3.4m to advance artificial intelligence pest monitoring technology
The equity investment was part-funded by the Cambridgeshire and Peterborough Combined Authority via The FSE Group.
Share allotment filed at Companies House
Spotta builds monitoring systems that combine artificial intelligence and low-power hardware to detect insect pests.
Spotta has secured £3.4m in equity investment, part-funded by the Cambridgeshire and Peterborough Combined Authority through The FSE Group. The capital will support the company as it advances its proprietary artificial intelligence and internet of things technology.
The Cambridge-based firm deploys automated monitoring systems across sectors including hospitality and agriculture. Its technology currently protects hotel rooms and assists growers in managing invasive crop pests.
The new funding will accelerate commercial expansion across more than 20 countries in three primary verticals.
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. They have established key relationships in their target sectors – hotels, date palm production and horticultural fruit farming and we are delighted to support their growth and innovation journey."
Paul Lyristis
Investment Manager, The FSE Group
Use of funds
- 01Expand into international markets