Written by Charlotte Cunningham
British agritech start-up firm, Small Robot Company, have today (13 January) announced its latest Crowdcube equity crowdfunding campaign, in a bid to secure £700,000 to finance its next stage of innovation. Charlotte Cunningham reports. Following a very successful first round of fundraising, the latest campaign from SRC seeks £700,000 to finance a non-chemical weed zapping robot Dick to field trials, and to manufacture of a fleet of Tom monitoring robots for its commercial weed mapping service. “Agriculture is on the cusp of radical change. Precision, and not speed, will define the future of farming – and our technology is leading the charge,” says Sam Watson-Jones, co-founder, Small Robot Company. “There is a huge amount of investment going into agritech at the moment, and Crowdcube opens this opportunity up for private investors. Almost a third of our previous £1.2 million successful crowdfunding raise was from farmers, demonstrating the readiness of this industry to embrace change.” Since the last raise, the firm has achieved a major delivery milestone of moving from proof of concept to commercially-ready prototype, adds the firms other co-founder, Ben Scott-Robinson. “This next raise will help us to begin manufacturing our robots, as well as delivering our weed zapping…
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