PES Technologies Secures £1.3M pre-Series A Funding following award-winning Product Launch

Success On and Off the Awards Podium

Following an outstanding awards season last year after our official launch—where PES Technologies proudly took home both the British Farming Awards Agri-TechE Innovator of the Year and the Fresh Produce Consortium Innovation Excellence Award—we’re excited to share that we’ve now secured £1.3 million in pre-Series A funding. This milestone reflects the strong confidence our investors, stakeholders, and the wider industry have in our product. With this momentum, we’re looking forward to making 2025 just as impactful!

Welcoming New Global Partners

We’re excited to welcome two new investors to the PES Technologies journey—both making their very first investment in a UK-based company!

Artesian, a leading global alternative investment management firm headquartered in Australia, has invested in PES through their GrainInnovate fund. Joining them is Agnition Ventures, the investment arm of Ravensdown, one of New Zealand’s largest and most respected fertiliser cooperatives.

Some words from our CEO, and Lead Investor TSP Ventures

Andrej Porovic, CEO and co-Founder of PES Technologies, said,
“This funding round is a big show of confidence from our shareholders in both the product and the team. We are particularly delighted to be the first UK-based investments for both Artesian’s GrainInnovate Fund and Agnition Ventures – this is further validation that our product has global potential, and I look forward to their input as we build on our successful product launch last year by increasing market share and influence.”

Chris Smith, CEO of TSP Ventures, said “PES Technologies undoubtedly has a strong technology that provides substantial benefits for farmers, growers and agronomists as well as the overall environment. The company is now strongly post-revenue with a growing and impressive client list. Their product, in-field soil testing for 14 measures of physical, chemical and biological soil health done more cheaply, more quickly and more conveniently than current methods, results in cost savings, higher yields and long-term improved soil quality. We are delighted to lead the round and continue to be part of this impressive company.”