Reeldata Ai Announces $8M Series A Round

Jan 11, 2023•over 2 years ago

Amount Raised

$8 Million

Round Type

series a

HalifaxFarmingAgriculture and Farming

Investors

The Nest Family OfficeS2 G VenturesBuoyant Ventures

Description

ReelData AI ("ReelData"), a company leveraging AI to provide customized data and automation to land-based farmers, today announced it has closed an US$8M Series A funding round led by Buoyant Ventures. Additional investment was also provided by S2G Ventures and The Nest Family Office.

Company Information

Company

ReelData AI

Location

Halifax, England, United Kingdom

About

ReelData is a start-up located in Halifax, Nova Scotia. Born out of a love for sustainability and entrepreneurship, ReelData set out to fill a need in a new market and have now built a team of 30+ employees, with clients of various sizes in multiple countries across the globe. ReelData is rapidly scaling to help land-based aquaculture farms reach their full potential with AI-aided technologies. ReelData is consistently recognized as one of the most promising technology companies in Aquaculture, despite their young age. For more information about ReelData, please visit https://www.reeldata.ai/.

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VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers