Participated · Equity · Mar 2021

Fieldwork Robotics develops autonomous robots for harvesting raspberries and is transitioning from technology validation to commercial deployments. The company plans to deploy production robots via a two-year harvesting-as-a-service program in Norfolk with Place UK and conduct trials at Littywood Farm to assess operational needs. Management expects to scale to multi-robot fleets by 2027, subject to trial outcomes. Funding secured in this round and grants will be used to accelerate farm adoption and reduce reliance on seasonal labor while improving productivity. Fieldwork previously completed a £1.5 million seed round in 2023 that supported development and validation of its robotics and AI systems. The company has also obtained grant support from Innovate UK through the Farm ADOPT program, with related project activities due to begin in June 2026.

Participated · Convertible Note · Feb 2021

Pulsiv develops a novel, patented power-conversion technology that improves the efficiency of converting alternating current (AC) to direct current (DC) and vice versa. The technology is applicable across a wide range of electrical products, from household goods to photovoltaic microinverters. Pulsiv has been working with a major multinational to incorporate its technology into a new consumer product line and with Robert Bosch Limited to optimise an energy-efficient solar microinverter prototype for mass manufacture. To accelerate development and scale-up, Pulsiv raised £890,000 in new equity and converted £665,000 of existing debt and accrued interest into equity. The fundraising and debt conversion values Pulsiv at £21.8 million, and Frontier IP’s resulting 18.8% stake is now worth £4.1 million (previously valued at £3.6 million as at 30 June 2020). The capital will be used to accelerate development to meet industry interest and prepare its technology for broader commercial deployment.