The funding will support research and commercial expansion for the company's light-converting agricultural additives.
"Oxford Innovation Finance makes decisions quickly and decisively. The OION members are a source of inspiration, as their capital has origins in their own founder stories. Their deep expertise means that founders will likely find mentors and advisors in the process, as well as capital. We’re pleased to have their support as we take GloGro towards commercialisation. This investment will help us build on Lambda’s strong and significant progress and demonstrate the full potential of our technology with growers."
Winfred reads them overnight, pulls out the facts, checks them against Companies House and files them. It was built by C8VA, who do the same kind of work for other businesses: turning messy, unstructured material into something you can search, count and rely on.
The round was led by Haatch, with participation from Setanta Vehicle Importers and Fhunded Angels.
"This significant funding round will help us get to the next stage of our development; enabling us to expand our team, strengthen our technology, and accelerate our work with vehicle operators, energy partners, and industry stakeholders."
The London fintech closed its SEIS tranche in under seven weeks as it builds institutional-grade evaluation tools.
"We believe institutional investors need a much deeper understanding of whether an investment strategy is genuinely robust before capital is deployed. Historical performance alone can conceal overfitting, instability, deterioration and other risks. Atlas Prime is designed to give allocators a forensic view of those weaknesses and help them make better-informed investment decisions."
