Tech Company Financing Transactions

SomaDetect Funding Round

SomaDetect closed a $2 million Seed financing round on 8/13/2019. Investors included New Brunswick Innovation Foundation, New York Ventures and Western New York Impact Investment Fund.

Transaction Overview

Company Name
Announced On
8/13/2019
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Proceeds Purpose
Their investment will help build and grow our company as we expand to collect thousands of data points from farms in North America.

Company Information

Company Status
Private & Independent
Industry
AgTech
Mailing Address
77 Goodell St. 440
Buffalo, NY 14203
USA
Email Address
Overview
SomaDetect is the world's premier machine learning and artificial intelligence company in dairy. SomaDetect provides real-time, automated analysis of milk quality without any addition of chemicals or consumables. The company measures every compound of interest in raw milk, enabling farmers to identify issues early, manage reproduction, reduce unnecessary antibiotic usage.
Profile
SomaDetect LinkedIn Company Profile
Social Media
SomaDetect Company Twitter Account
Company News
SomaDetect News
Facebook
SomaDetect on Facebook
YouTube
SomaDetect on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Bethany Deshpande
  Bethany Deshpande LinkedIn Profile  Bethany Deshpande Twitter Account  Bethany Deshpande News  Bethany Deshpande on Facebook
Chief Operating Officer
Nicholas Clermont
  Nicholas Clermont LinkedIn Profile  Nicholas Clermont Twitter Account  Nicholas Clermont News  Nicholas Clermont on Facebook
Co-Founder
Bharath Sudarsan
  Bharath Sudarsan LinkedIn Profile  Bharath Sudarsan Twitter Account  Bharath Sudarsan News  Bharath Sudarsan on Facebook


 

 

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Prev: 8/13/2019: Joust Labs venture capital transaction
Next: 8/13/2019: Polarity venture capital transaction

 

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We do our best to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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