Tech Company Financing Transactions

upp Funding Round

upp closed a $619.1 thousand funding round on 1/26/2023. Investors included Elbow Beach Capital.

Transaction Overview

Company Name
Announced On
1/26/2023
Transaction Type
Venture Equity
Amount
$619,050
Round
Undisclosed
Investors

Elbow Beach Capital (Lead Investor)

Proceeds Purpose
The funding will be used to pilot both upp's harvest and uppcycling´┐Ż technology this year, with the company aiming to complete three field-to-protein pilots in the UK, Spain and California by the end of 2024. First commercial production of upp's broccoli protein is expected to commence in late 2024.

Company Information

Company Status
Private & Independent
Industry
AgTech
Mailing Address
c/o Agri EPI
Newport, TF10 8JZ
UK
Phone
Undisclosed
Email Address
Overview
Developer of an automated farming equipment intended to identify broccoli crops that are ready for harvest. The company's equipment is armed with 3D cameras that use machine learning to transform the discarded parts of the harvested broccoli into healthy protein products, enabling farmers to reduce hand labour.
Profile
upp LinkedIn Company Profile
Social Media
upp Company Twitter Account
Company News
upp News
Facebook
upp on Facebook
YouTube
upp on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
David Whitewood
  David Whitewood LinkedIn Profile  David Whitewood Twitter Account  David Whitewood News  David Whitewood on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/26/2023: Viking Analytics venture capital transaction
Next: 1/26/2023: Mighty Health venture capital transaction

 

Share this article

 


About Our VC Transactions Data

Our team works diligently to report on every notable VC transaction. All VC database entries on this site are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary