Tech Company Financing Transactions
Fotenix Funding Round
Fotenix, based in Salford, secured $2.8 million from River Capital and Innovate UK.
Transaction Overview
Company Name
Announced On
4/18/2025
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$2,800,000
Round
Undisclosed
Investors
River Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to support hiring, expand UK deployments, and further develop the platform's diagnostics engine.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
Units 31-32 Leslie Hough Way
Salford, M6 6AJ
UK
Salford, M6 6AJ
UK
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
We created Fotenix to enable all farmers to make sustainable profits through AI. We've been through hundreds of iterations to tailor the way we support farms to track performance and make decisions to become more profitable. It has been a challenging but rewarding journey, and we have made some great partnerships along the way to success. We are now ready to scale through the backing of venture capital and government funding to scale our capability beyond the early adopters.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Charles Veys
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