17th May 2021 By Staff Reporter | email@example.com | @foodtickernz
New Zealand virtual fencing startup Vence has raised $16m which will help it prepare for its entry into the Australian and US markets.
The capital raise was led by California-based Tyche Partners, a venture capital firm focusing on investments in early and early growth stage companies with disruptive technologies.
The funding included participation from existing investors Rabobank Food, Ag Innovation Fund, Grantham Environmental Trust’s Neglected Climate Opportunities fund and Eniac Ventures, as well as new investors JMI Services and Trailhead Partners.
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