Nectar Technologies

SoftwareSeedMontreal, Canadanectar.buzz

Latest round

Seed

Last raised

Nov 2021

Total raised

$0.8M

Investors

7

About Nectar Technologies

Nectar Technologies, Inc.Founded in 2016 in Montreal, Canada, Nectar Technologies, Inc. provides a digital platform for managing migratory beekeeping operations. The company was established by Marc-André Roberge and Xavier de Briey, who previously engaged in entrepreneurial ventures.Nectar Technologies offers a suite of digital tools designed to optimize the operations of migratory beekeeping. Their core product is a comprehensive management system that integrates unique, scannable tags for each hive, enabling real-time data collection and reporting. These tags, featuring numerical codes and QR patches, facilitate quick scanning via NFC and RFID technology, allowing beekeepers to efficiently gather data in the field. The Nectar app serves as a digital command center, providing a customizable interface for task management, mapping, and logistics.Nectar Technologies operates on a subscription-based revenue model, charging clients a monthly fee for access to its software after an initial investment in physical equipment, which includes custom tags for the hives. Clients engage directly with the company to purchase tags and optional scanning equipment, followed by a subscription to the software service, which allows them to manage their hive data effectively.In November 2021, Nectar Technologies Inc. Specific plans include targeting the expansion into new markets by 2023, enhancing product offerings to better serve the changing needs of beekeepers.

Who invested in Nectar Technologies

7 investors across 2 rounds

See all investors in Nectar Technologies

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Funding rounds

  1. Seed

    Nov 23, 2021

    Amount

    Undisclosed

    Investors

    Locked

  2. Seed

    Sep 3, 2019

    Amount

    $0.8M

    Investors

    Locked

Questions about Nectar Technologies

Who invested in Nectar Technologies?

Nectar Technologies has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Nectar Technologies raised?

Nectar Technologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Nectar Technologies last raise money?

Nectar Technologies's most recent round on record is a Seed, in Nov 2021.

What does Nectar Technologies do?

Nectar Technologies is a software company.

Where is Nectar Technologies headquartered?

Nectar Technologies is headquartered in Montreal, Canada.

Which VCs invest in companies like Nectar Technologies?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Nectar Technologies's stage. Their profiles are linked below.

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