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Crover Crowdfunding campaign raises £337k in pre-seed round

To swimmingly go where no robot has gone before: Crover, Edinburgh deep-tech startup, developer of the world’s first subterranean drone, successfully raises £337K in pre-seed crowdfunding round.

Crover, the multi-award winning, Edinburgh based startup, which developed the first robotic device able to “swim” in granular bulks such as cereal grain, has successfully closed its pre-seed funding round, raising £337K through the equity crowdfunding platform Crowdcube, attracting more than 570 investors.

The 30-day campaign ended on the 30th of July, raising 225% of the initial target of £150K. These funds will aid the company’s efforts in bringing its CROVER robotic grain storage monitoring system to the UK and European market. Furthermore, the company plans in the near future to expand the team in both a commercial and a technical capacity.

Among the planned projects are pilot tests in the UK and Italy as part of the agROBOfood Open Call 2 for Innovation Experiments, for which a Crover-led consortium has been awarded €495k in funding.

For this project, Crover is partnering with NeoruraleHub and ICR (Istituto Cooperativo di Ricerca) in the capacity of end-users, and the Agri-EPI Center, in the capacity of Digital Innovation Hub, to test its system in a variety of test sites and on a wide range of grain bulk types.

Dr Lorenzo Conti, Crover’s Founder, said: “We are extremely grateful to the large number of investors who have decided to support our pioneering mission of enabling humanity to reach below the surface and we look forward to sharing in future successes with them!”

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