The round involved the Tech Transfer Agrifood Fund (TTAF), led by venture capital firm Clave Mayor Capital, as well as Decelera Ventures, a fund linked to Decelera Menorca, the public fund of Puertos del Estado 4.0, the CDTI and several private investors.
Its first round of funding was raised in 2020 and led by Global Omnium through GoHub Ventures, with the participation of family offices and business angels from ESADE BAN, the Generalitat de Catalunya through the ACCIÓ programme, and the Spanish Ministry of Science and Innovation.
Miguel Silva-Constenla, CEO and co-founder, sums up AllRead’s mission: “We want to turn our product into the world’s best standard for text, code and symbol recognition, to drastically reduce the initial investment that any port logistics company needs for the correct traceability of its assets. Software and Artificial Intelligence are built by people, and we will continue to invest heavily in recruiting the best talent available to achieve this goal.”
DWF-Rousaud Costas Duran advised AllRead with a team led by Innovation and Entrepreneurship partner Antoni Rosselló.