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Transaction

Dendra Systems - Series A (Sep 2020)

Terms

Announced
16 Sept 2020
Instrument
Equity
Amount
US$10.0mReported as $10 million Series A

Parties

Project developer
Dendra Systems
Recipient type
Technology company
Country
United Kingdom
Capital providers
Capital providers and the amount counted for each
PartyRoleAmountBasis
Airbus VenturesLead investorUS$1.43mEstimated: an even share, 1 of 7
At One VenturesLead investorUS$1.43mEstimated: an even share, 1 of 7
Future Positive CapitalLead investorUS$1.43mEstimated: an even share, 1 of 7
Lowercarbon CapitalInvestorUS$1.43mEstimated: an even share, 1 of 7
Lionheart VCInvestorUS$1.43mEstimated: an even share, 1 of 7
SYSTEMIQInvestorUS$1.43mEstimated: an even share, 1 of 7
Venture SouqInvestorUS$1.43mEstimated: an even share, 1 of 7

Carbon

Pathway
ARR (afforestation, reforestation, revegetation)
Project type as recorded
Drone-based ecosystem restoration and reforestation

What happened

Dendra (Dendra Systems), the drone-based ecosystem restoration company, raised a US$10 million Series A co-led by Airbus Ventures, At One Ventures and Future Positive Capital, with Lowercarbon Capital, Lionheart VC, SYSTEMIQ and Venture Souq, announced 16 September 2020 (AgFunderNews).

Kumo note

- A drone-planting restoration company's Series A co-led by three investors, with Lowercarbon, Lionheart VC, SYSTEMIQ and Venture Souq also in the round.

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