Tech Company Financing Transactions
Blue River Technology Funding Round
On 12/16/2015, Blue River Technology received $17 million in Series B financing from Pontifax Fund, Data Collective and Innovation Endeavors.
Transaction Overview
Company Name
Announced On
12/16/2015
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series B
Investors
Pontifax Fund (Lead Investor) (Philip Erlanger)
Data Collective (Matthew Ocko)
Khosla Ventures (Vinod Khosla)
Proceeds Purpose
The company plans to use the funds to further expand its world-class engineering team and to accelerate the development of its field-proven agricultural robots.
Company Information
Company Status
Acquired or Merged
Industry
AgTech
Mailing Address
575 North Pastoria Ave.
Mountain View, CA 94085
USA
Mountain View, CA 94085
USA
Phone
Website
Email Address
Not Recorded
Overview
We use computer vision to identify weeds in organic crop fields and then selectively eliminate them using very hot organic oil. Our product mounts behind a tractor. We are an alternative to chemical fertilizers which organic farmers can't use.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jorge Heraud
Chief Technical Officer
Lee Redden
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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