SpectralGeo — Unstaged equity

Ricari, La Rioja's regional investment company, backed SpectralGeo (legal name Drónica Solutions S.L.) to pay for R&D projects run with universities and research centres and to carry out its growth plan. The amount and the type of financing were not disclosed: Ricari invests either by taking equity or by lending, so this could have been a loan. PitchBook lists about $33.2K raised in total but gives no round detail, and no other priced or staged venture round has been found.