Raiven Capital invests in enterprise software company Elevated Signals | New

TORONTO and PALO ALTO, Calif.–(BUSINESS WIRE)–June 21, 2022–

Raiven Capital, an early-stage global technology venture capital fund, today announced its investment in Elevated Signals, a Vancouver-based enterprise software company for producers of controlled environment agriculture (ACE).

The company uses data science to enable supply chain, operational productivity and yield optimization for controlled environment agriculture (CEA) businesses. Having established a leadership position in the highly regulated and data-driven cannabis space, he is expanding into other segments of the CEA. The company already has 80 corporate clients around the world.

“We are delighted to invest in Elevated Signals which fills a huge gap in the market,” said Paul Dugsin, General Partner at Raiven Capital. “With the exponential growth of the CEA market and most enterprises managing data and operations in non-automated, paper-based environments, this brings key efficiencies. The timing is right. »

The company brings great technology optimization: think supply chain management meets enterprise resource planning (ERP) for agtech. All data is tracked from seed to sale, with predictive analytics reported on dashboards that visualize processes, enabling real-time decisions, dramatically increasing yields.

Their platform replaces old-school spreadsheets and paper with mobile solutions that streamline operations across the entire production chain. Government requirements mandate production reporting at a very granular level. This level of tracking works across many industries, making the software highly relevant in the pharmaceutical, nutraceutical, and other industries.

Amar Singh, CEO of Elevated Signal, said, “Raiven Capital’s world-class team has been essential in helping our business grow, so that we can take our modern approach to other verticals.

About Raiven Capital

Raiven Capital is an early-stage global technology venture capital fund with roots in both Silicon Valley and Toronto. Raiven Capital focuses on opportunities in artificial intelligence, DLT and Internet of Things. Raiven is actively seeking passionate founders building businesses that optimize value chains in cybersecurity, finance, energy, healthcare, environment and food. Once growth is robust, Raiven exits its portfolio companies for later-stage capital in Silicon Valley and beyond.

To contact us, find us on LinkedIn, Twitter and Facebook. To learn more about our thoughts on innovation, startups and venture capital, please read our blog dry powder.

About High Signals

Elevated Signals provides advanced bioproducts manufacturing software for controlled environment agricultural businesses. By replacing fragmented systems of spreadsheets, paper, and legacy software with a central, all-digital platform, the software dramatically improves supply chain visibility, operational productivity, and yield optimization. , thereby increasing profitability.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220621005477/en/

CONTACT: Anna Shen

anna@raivencapital.com

KEYWORD: UNITED STATES NORTH AMERICA CANADA CALIFORNIA

SECTOR KEYWORD: TECHNOLOGY AGRITECH FINANCE CONSULTING PROFESSIONAL SERVICES SOFTWARE START-UP DATA MANAGEMENT AGRICULTURE NATURAL RESOURCES

SOURCE: Raiven Capital

Copyright BusinessWire 2022.

PUBLISHED: 06/21/2022 09:09 AM/DISC: 06/21/2022 09:09 AM

http://www.businesswire.com/news/home/20220621005477/en

Copyright BusinessWire 2022.