Amount Raised
£1.4 Million
Round Type
series a
GlasgowInformation TechnologyInvestors
Scottish EnterpriseSpecialist VcWolf CapitalBolt FoundersSkype Founders
Description
Kingdom Technologies has secured a £1.4m funding round led by the billionaire founders of Skype and Bolt, along with Wolf Capital, Specialist VC, and Scottish Enterprise, to further develop their robotic lawn mowers for large lawns. The funding also includes grant support from Scottish Enterprise.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers