Amount Raised
$14 Million
PleasantonEnvironmental ConsultingInvestors
Peña VerdeSalkantay VenturesOctopus Energy GenerationMass Mutual Ventures
Description
Cultivo, a Pleasanton, CA-based public benefit corporation that provides an AI-driven science and technology platform, raised $14M in Series A funding. The round, which brought the total amount to $20M, was led by MassMutual Ventures and Octopus Energy Generation, with participation from Salkantay Ventures and Peña Verde. The company intends to use the funds to further enhance its AI-driven science and technology platform.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech