Tech Company Financing Transactions
TerraClear Funding Round
Madrona Venture Group and private investors participated in a $25 million Series A venture round for TerraClear. The round was announced on 5/27/2021.
Transaction Overview
Company Name
Announced On
5/27/2021
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series A
Investors
Madrona Venture Group (Lead Investor) (Matthew McIlwain)
Proceeds Purpose
The funding will go toward scaling up the company's production and sales for next year, as well as growing headcount.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
1709 139th Pl. NE
Bellevue, WA 98005
USA
Bellevue, WA 98005
USA
Phone
Undisclosed
Website
Email Address
Overview
An automated agricultural implement that clears rocks out of fields in order to enable today's farmer to focus on high value production and management activities.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Brent Frei
Co-Founder
Koos Du Preez
Executive Vice President
Trevor Thompson
VP - Engineering
Vivek Nayak
VP - Operations
Michael Racine
Browse more venture capital transactions:
Prev: 5/27/2021: Oliver Space venture capital transaction
Next: 5/27/2021: Asylia Therapeutics venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on 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.
Additional Resources for Entrepreneurs