Tech Company Financing Transactions
SwineTech Funding Round
SwineTech, based in Cedar Rapids, scored $5 million from Innova Memphis, Ag Ventures Alliance and Berkeley Catalyst Fund.
Transaction Overview
Company Name
Announced On
4/9/2020
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors
Innova Memphis (Lead Investor) (Jan Bouten)
Proceeds Purpose
These funds will help the company aggressively expand its sales and marketing efforts, as well as broaden and accelerate product development.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
230 2nd St. SE 302
Cedar Rapids, IA 52401
USA
Cedar Rapids, IA 52401
USA
Phone
Website
Email Address
Overview
SwineTech co-founder and CEO, grew up in a family of pork producers and quickly learned the value of a good work ethic and a positive outlook on life. Through daily chores and everyday obstacles, Rooda was able to recognize the role that family, patience, and thinking outside the box played in the farm operations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Matthew Rooda
Chief Financial Officer
Lesa Stolley
Chief Operating Officer
Abraham Espinoza
Chief Technical Officer
Adam Magstadt
VP - Engineering
Benjamin White
VP - R & D
John Rourke
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