Elevated Signals: From Cannabis to Climate Tech
February 28, 2024, 10:59 am
Elevated Signals, a Vancouver-based software company, has secured $5.8 million in funding to expand its tracking software from cannabis to climate technology. The company's data can support emerging sectors like vertical farming and mineral extraction, helping them grow their operations efficiently. CEO Amar Singh plans to use the funding to attract customers in these markets, emphasizing the company's focus on food security. The Series A round was led by Yaletown Partners, with participation from other investors. Elevated Signals' software offers a flexible, cost-effective solution for companies in new sectors, providing real-time data management for biological organisms like indoor crops. The company's cloud-based platform simplifies operations, reduces waste, and improves financial visibility for SMBs in various industries. Singh envisions expanding into high-growth manufacturing businesses that drive progress in food, energy, health, and more.