Agria

Agria

Early Stage

Ag-Tech, indoor growing technology company

Ag-Tech, indoor growing technology company

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Netcapital

Start Date

02/13/2023

Close Date

06/29/2023

Min. Goal
$10,000
Max. Goal
$1,000,000
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.00

Pre-Money Valuation

$10,033,330

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

06/28/2023

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Year Founded

2020

Industry

Farming & Agriculture

Tech Sector

AgriTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Lynchburg, Virginia

Business Type

Growth

Agria, with a valuation of $10.03 million, is raising funds on NetCapital. It is an AgTech company that enables indoor production of nutrient-dense and flavor-packed produce. The company also provides Farming-as-a-Service with a simple license and supply agreement for customers to get sustainable and profitable indoor farms in the market. Agria aims to reduce the problems faced by farmers and indoor growers by reducing costs and mitigating production risks. William Layton founded Agria in April 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1 million. The campaign proceeds will be used for salaries, commercial production, marketing, research and development, and patents.

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$307,864

$0

COGS

$235,775

$0

Tax

$0

$0

 

 

Net Income

$-165,452

$-156,209

Summary Balance Sheet

FY 2021 FY 2020

Cash

$42,627

$207,241

Accounts Receivable

$0

$0

Total Assets

$437,695

$474,650

Short-Term Debt

$0

$0

Long-Term Debt

$112,985

$0

Total Liabilities

$112,985

$0

Financials as of: 02/13/2023
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Agria on NetCapital 2023
Platform: Netcapital
Security Type: Equity - Common
Valuation: $10,033,330
Price per Share: $10.00

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Follow Agria on NetCapital 2023

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