Marama Labs Raises $500K Seed Funding

Marama Labs, a Wellington, New Zealand-based deep-tech sensor and data analytics company, raised $500K in seed funding.

The round, which brings Marama Labs’s total raised to date to NZ$2M, was led by Quidnet Ventures.

The company intends to use the funds to expand operations and to build its product line.

Led by Brendan Darby, CEO, Marama Labs has developed CloudSpec, a UV-Vis spectrophotometer that can simultaneously measure absorption, extinction, and scattering spectra of clear and turbid liquids. These sensors are combined with proprietary data-analytics tools to provide solutions for food & beverage and liquid-processing industries.

Marama Labs’ current target market is winemaking. Its spectroscopy & data-analytics platform helps winemakers track the style of their wines throughout the production process, to meet and exceed consumer preferences and ultimately improve winery sales.

FinSMEs

05/08/2021