Growgenics
Advanced LED horticultural lighting technology for optimizing plant growth.
Overview
$344,867 - RegCF
$514,867 - Total
$514,867 - Total
Total Commitments ($USD)
Platform
SeedInvest
Start Date
11/01/2018
Close Date
12/18/2018
Min. Goal
$25,000
Max. Goal
$1,000,000
Min. Investment
$1,000
Security Type
Debt
SEC Filing Type
RegCF
/ RegD 506(c)
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/30/2018
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$7,497
Momentum
Funded
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Year Founded
2014
Industry
Farming & Agriculture
Tech Sector
Location
East Greenwich, Rhode Island
Growgenics offers “...advanced LED horticultural lighting technology for optimizing plant growth.” Their markets include indoor cannabis, indoor vertical farming for growing food, and greenhouse supplemental lighting. Their unique technology offers shape lighting, energy saving techniques, adjustable light spectrums, smartphone integrations, and many other innovations. So far, their first volume order was $70,000 from a commercial vertical farm grower. The founder has 14 patents and over 35 years of experience, with an additional utility patent pending.
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