Browne Jacobson’s Corporate Technology team has advised Omega Crop, an agricultural modelling and remote sensing business, on its GBP1.2 million seed round by science business builder, Oxford Sciences Innovation (OSI).
Omega Crop (formerly operating as Dark Horse Technologies) was set up by two MBA students from the University of Oxford and specialises in the supply of sustainable tech products, tools and services aimed at the agricultural industry.
The investment will support Omega Crop’s ambitions for further growth and advance its agricultural yield prediction and crop loss diagnosis technology product portfolio in a bid to support the production of food in a sustainable way.
OSI, which was set up in 2015, works in partnership with the University of Oxford and has built a portfolio of over 100 Oxford science-based companies worth over USD2 billion. Notable portfolio companies include, Vaccitech, the team that helped to develop the Oxford Vaccine.
Read more/Source: Private Equity Wire
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