Tech Company Financing Transactions
GroGuru Funding Round
Cove Fund, Impact Venture Capital and Comeback Capital joined a $2.3 million Series A funding round for GroGuru. The financing round was announced on 8/3/2023.
Transaction Overview
Company Name
Announced On
8/3/2023
Transaction Type
Venture Equity
Amount
$2,300,000
Round
Series A
Investors
Cove Fund (Lead Investor)
Impact Venture Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand sales, continue to develop and commercialize its innovative AI-enabled solutions for continuous farm monitoring and management, and the expansion of its strategic partnerships.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
4250 Executive Sq. 200
La Jolla, CA 92037
USA
La Jolla, CA 92037
USA
Phone
Website
Email Address
Overview
GroGuru is focused on helping farmers implement strategic irrigation management. We deploy soil sensors that measure things like soil moisture, temperature and salinity at various root depth of crops. We wirelessly transmit this data to the Cloud where we add additional information to make AI-based recommendations to farmers about when and how much to irrigate their crops.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Patrick Henry
Chief Scientific Officer
Jeffrey Campbell
Chief Technical Officer
Farooq Anjum
VP - Sales
Vince Ferrante
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