Tech Company Financing Transactions
Labby Funding Round
Labby, based in Cambridge, secured $480 thousand in investment from AgriTech Capital.
Transaction Overview
Company Name
Announced On
11/20/2020
Transaction Type
Venture Equity
Amount
$480,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to develop its products, including the next generation of its handheld solution and in-line sensing integration unit which will be piloted by a handful of dairy farms in North America before the end of the year, to build out its operations and expand the team.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
1 Bdwy. 12th Floor
Cambridge, MA 02142
USA
Cambridge, MA 02142
USA
Phone
Undisclosed
Website
Email Address
Overview
Our mission is to empower the dairy industry with affordable and advanced technology toward a profitable farming future. At Labby, we are looking for the best way to help farmers and dairy processors make informed decisions with fast, accurate tests for milk composition.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Julia Somerdin
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Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records reported here come from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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