Portfolio Update It’s been another exceptionally busy period for Elbow Beach Capital portfolio companies, with successful founding rounds, new technology launched, award wins, and senior new hires, amongst other news. We’re pleased to share some of the highlights: Fieldwork Robotics launched their new robotic model, the Fieldworker 1, and also agreed collaborations with Australian berry grower Costa Group and developers of autonomous robotic bases Burro. They strengthened their senior team with the appointment of Micki Seibel as NED, an experienced Silicon Valley executive leader. Anaphite successfully raised a $13.7 million Series A round, led by World Fund and Maniv. Energy & Environment Investment and Nesta joined as new investors, and Elbow Beach Capital followed on. WASE’s CEO and Founder Dr. Thomas Fudge attended the Climate First roadshow in Japan, an opportunity for the company to establish partnerships with important players in the Japanese ecosystem. Barton Blakeley Technologies became one of our portfolio members, following a £2.4m funding round, led by Elbow Beach Capital. The company also recently appointed Volker Beckers CBE FEI as Chair, who has outstanding experience in the energy sector, including as former Group CEO of RWE npower. UPP completed successful field trails of their technology in Scotland with the next version of their AI-enabled Automated Selective Harvester. The company was also nominated as one of Agri-TechE’s startups to watch in 2024. We look forward to what 2025 will bring for all our portfolio companies! #PortfolioNews #VentureCapital
Congratulations!
Chairman and Portfolio non-Executive Director; former Group CEO RWE Npower plc; experienced energy startup Chair
3wA truly inspiring portfolio of Pioneers in the sector - well done!