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Reeldata Ai Announces $8M Series A Round

PRIVATEJan 11, 2023

Amount Raised

$8 Million

Round Type

Series A

HalifaxAgriculture and FarmingFarming

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.

Quick answer

ReelData AI raised $8 Million in a Series A round, dated January 11, 2023. Investors: The Nest Family Office, S2 G Ventures and Buoyant Ventures. ReelData AI is based in Halifax, England, United Kingdom.

How much did ReelData AI raise?
ReelData AI raised $8 Million in a Series A round on January 11, 2023.
Who invested in ReelData AI?
The Nest Family Office, S2 G Ventures and Buoyant Ventures are named as investors in this round.
What does ReelData AI do?
ReelData is a start-up located in Halifax, Nova Scotia.
Where is ReelData AI based and how big is it?
ReelData AI is based in Halifax, England, United Kingdom.

Source: Fundz verified event record.

Who else raised in Agriculture and Farming and Farming around the same time

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

  • Source.ag raised $23M (Series A) on February 23, 2023.
  • American Ostrich Company raised $1M (Seed) on February 14, 2023.
  • Winter Farm raised $34M (Funding Round) on December 15, 2022.
  • DVM Systems raised $42K on December 9, 2022.
  • Sound Agriculture raised $75M (Series D) on December 7, 2022.
  • Alfalfa raised $2M (Seed) on December 7, 2022.

Who to call at ReelData AI, and when

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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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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

ReelData AI 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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