Tech Company Financing Transactions
TOffeeAM Funding Round
Presidio Ventures, EXOR and IQ Capital Fund participated in a $5 million Series A funding round for TOffeeAM. The round closed on 11/9/2022.
Transaction Overview
Company Name
Announced On
11/9/2022
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand the business globally and build on its strong customer base, which already includes Boeing and several Formula 1 teams.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
16 16A Baldwin's Gardens 206
London, EC1N 7RJ
UK
London, EC1N 7RJ
UK
Phone
Undisclosed
Website
Email Address
Overview
TOffee is a code developed at Imperial College London. The work started in 2015 under the idea and mentorship of Francesco. Marco and Audrey worked on the implementation during their PhD in Aeronautical Engineering. As traction and interest for TOffee increased over the following years, they decided to license it and thus TOffeeAM ltd was incorporated in 2019.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Ashley Unitt
Chief Executive Officer
Francesco Montomoli
Chief Technical Officer
Marco Pietropaoli
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