Element Farms

Early Stage

Higher yield, lower costs: going beyond organic with hydroponic leafy greens.

Analytics

Raised to Date: Raised: $360,663

Aggregate Commitments $

Platform

Wefunder

Start Date

01/11/2019

Close Date

04/05/2019

Min. Goal

$50,000

Max. Goal

$500,000

Min. Investment

$250

Security Type

Convertible Note

Funding Type

RegCF

Valuation Cap

$1,700,000

Discount Rate

0%

Rolling Commitments $

Status
Funded
Reporting Date

04/30/2019

Days Remaining
Funded
% of Min. Goal

721%

% of Max. Goal

72%

Likelihood of Max
Funded
Avg. Daily Raise

$4,294

# of Investors

360

Momentum
Funded
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Location

New York, New York

Industry

Farming & Agriculture

Tech Sector

"We’ve gone beyond organic to develop and optimize greenhouse technology to grow the best-tasting local and pesticide-free greens year-round. Our methods are sustainable, efficient, and produce 20x the yield per square foot than conventional farming. Spinach, our flagship product, is the most in-demand leafy green in the US and our current demand exceeds our supply. We’re raising funds to expand operations and bring more fresh leafy greens to more people."
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Element Farms on Wefunder
$
Platform: Wefunder
Security Type: Convertible Note
Valuation: $1,700,000

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