FSP advises CPCA on Spotta investment

Investors in this round: CPCA Business Growth Finance Limited acting by its manager The FSE Group

Penelope Garden, Partner and Head of Private Equity & Venture Capital at FSP has advised CPCA Business Growth Finance Limited acting by its manager The FSE Group on its investment in Spotta as part of a £3.4 million funding round.

Cambridge-based Spotta is a multi-award-winning technology company that has developed proprietary artificial intelligence and ultra-low-power Internet of Things (IoT) technology to address insect pest management challenges across a range of industries. The company’s technology combines AI and IoT-enabled monitoring devices to provide real-time pest detection and actionable insights for customers.

The funding will support the continued development and commercial expansion of Spotta’s platform across more than 20 countries.

“Spotta’s unique combination of patented technology, robust business model, and experienced management team positions them as early leaders in their field.”
Paul Lyristis, Investment Manager at The FSE Group

“Securing this investment marks a pivotal moment for Spotta.”
Robert Fryers, Co-founder and CEO of Spotta