InspiraFarms Cooling

InspiraFarms Cooling Convertible Note

Funding Round
InspiraFarms CoolingJanuary 23, 20242y ago

Amount Raised

$1.1M

Date Announced

Jan 23, 2024

2y ago

Disclosed Investors

3

1 lead

Linked Sources

1

InspiraFarms Cooling Convertible Note round record, dated Jan 23, 2024, amount listed $1.1M, 3 disclosed investors.

Notes

Julian Mitchell, the CEO of InspiraFarms, said: “We are delighted to welcome CEI Africa on board as an investor in InspiraFarms Cooling. Their capital will enable us to continue our mission of making cooling solutions more accessible to agribusinesses of all sizes. Access to quality cooling is fundamental for clients to reduce post-harvest losses, and sell more, at better prices, with lower costs, bringing both economic and climate benefits. Moving forward, our focus will remain on designing, developing, installing, servicing, and financing energy-efficient cooling. This support from CEI and existing investors KawiSafi and Factor[E] reflects a shared commitment to sustainable impact within the fresh produce industry.”

Disclosed Investors (3)
Lead Investor
Participating
KA

Venture Capital

Record Details
Date announced
January 23, 2024
Round
Convertible Note
Amount raised
$1,100,000
Local currency
€1,000,000
Pre-money valuation
Post-money valuation
Disclosed investors
3
Lead investors
1
Linked sources
1