Fundz

Spacetech Scaleup Krucial Secures $3.7Mn Funding To Accelerate Growth

PRIVATESep 12, 2023

Amount Raised

$3.7 Million

Round Type

Seed

GlasgowEnergyOil And GasRenewable Energy

Description

• $3.7mn funding led by existing investor Scottish National Investment Bank, alongside University of Strathclyde and Scottish Enterprise, with new international investors including Dubai-based AzurX

Quick answer

Krucial raised $3.7 Million in a Seed round, dated September 12, 2023. Krucial is based in Glasgow, Kentucky, United States.

How much did Krucial raise?
Krucial raised $3.7 Million in a Seed round on September 12, 2023.
What does Krucial do?
Krucial (formerly R3-IoT) is on a mission to make digital transformation achievable for all, no matter the location or situation.
Where is Krucial based and how big is it?
Krucial is based in Glasgow, Kentucky, United States.
Who are the decision-makers at Krucial?
Fundz holds 1 contact at Krucial. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Oil And Gas around the same time

Companies in the same sectors as Krucial that raised within 45 days of this round, from Fundz verified event records.

  • Granular Energy raised $7.9M (Funding Round) on October 2, 2023.
  • Oneka Technologies raised $9.3M (Series A) on September 25, 2023.
  • Lydian raised $12M (Funding Round) on September 6, 2023.
  • Nuventura raised $27M (Series A) on September 5, 2023.
  • Big Navajo Energy raised an undisclosed amount (Funding Round) on August 29, 2023.
  • CH4 raised $29M (Series B) on August 29, 2023.

Who to call at Krucial, and when

A new round usually means Krucial is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Krucial raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Krucial, from your own LinkedIn network

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Company Information

Company

Krucial

Location

Glasgow, Kentucky, United States

About

Krucial (formerly R3-IoT) is on a mission to make digital transformation achievable for all, no matter the location or situation. Any business with an ambition deserves the opportunity to move towards it. And to not be held back by their location, or a lack of resources. That’s why Krucial exists. We help organizations to work smarter, aim higher, and achieve more—without being limited by their location, or communications infrastructure. Our flagship solution, Krucial CONNECT helps businesses achieve resilient, reliable and continous connectivity— combining cutting edge satellite communications and cellular technology with the best of IoT. Built to withstand the harshest conditions, designed to last through the decades ahead, our technology can be deployed anywhere—minimizing downtime and data loss, even across your most remote, hard-to-reach locations and data sources Find out more: www.krucial.com

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Krucial raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.