Tech Company Financing Transactions
FarmInsect Funding Round
Sandwater, Bayern Kapital and EIC Ventures participated in a $8.4 million Series A funding round for FarmInsect. The round closed on 10/27/2023.
Transaction Overview
Company Name
Announced On
10/27/2023
Transaction Type
Venture Equity
Amount
$8,430,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand its sales activities and increase its production capacity.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
Muenchner Str. 10
Bergkirchen, 85232
DE
Bergkirchen, 85232
DE
Phone
Website
Email Address
Overview
We quickly realized: saving the world is an important goal, but it is too fuzzy. Too vague and also too big for a company. That is why we have formulated a goal that is just as ambitious, but is in our hands: in 10 years we want to completely replace soy and fishmeal in the EU. In doing so, we and our fellow campaigners not only make agriculture more sustainable, but also make a contribution to leaving the world better for future generations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Wolfgang Westermeier
Chief Technical Officer
Thomas Kuehn
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We do our best to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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