# Blakbear

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blakbear

- Industry: Electronics
- Headquarters: London, UK
- Website: www.blakbear.com
- Total disclosed funding: $2.8M
- Latest round: Seed (Dec 23, 2022)
- Investors on record: 4

## About

Based in London, UK, BlakBear operates as an electronic company that provides sensors to improve quality control, reduce rejections and cut food waste from producer to consumer. In January 2023, Blakbear Ltd raised GBP 2.3 million in seed funding led by Ada Ventures, with participation from Green Circle Foodtech Ventures, Ponderosa Ventures, and Romulus Capital.

Blakbear Ltd is a developer of the internet of things-based sensors for increasing food shelf life and efficiency. The company combines electrochemical sensing innovation with statistical algorithms to better understand soil nitrogen levels and soil fertilization, as well as to help food producers reduce rejections and food waste.

## Funding rounds

- Seed, Dec 23, 2022, $2.8M — Romulus Capital, Ada Ventures, Green Circle Capital Partners, Ponderosa Ventures

## Investors

- Romulus Capital — Seed
- Ada Ventures (https://capitalatlas.ai/funds/ada-ventures) — Seed
- Green Circle Capital Partners (https://capitalatlas.ai/funds/green-circle-capital-partners) — Seed
- Ponderosa Ventures (https://capitalatlas.ai/funds/ponderosa-ventures) — Seed