Sussex Place Ventures
Region: South East
Programme: Enterprise Capital Funds
Based at Rothamsted Research Centre in Harpenden, FungiAlert provide soil and water health screening, facilitated by their patented technology, SporSenZ. SporSenZ is the first, in-the-field sensor which samples microorganisms in soil and water.
Analysis of these samples alert growers to the risk of infection before visible symptoms appear, leading to improved disease management strategies and decisions, increased yields, and improved soil-health.
In December 2017 founders Kerry Weaver and Angela de Manzanos raised £420,000 in a funding round led by Sussex Place Ventures. They received £370,000 through an Enterprise Capital Fund to hire three new team members, purchase key equipment and undertake extensive field trials.
After launching their first product in January 2019, the business needed additional finance and raised a further £350k in April 2019 to build an experienced sales team, support on-going product development research and to expand internationally.
Including field trials, to date, FungiAlert has deployed more than 700 SporSenZ sensors.