Growgenics
About this raise
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.
Investment Overview
$514,867 - Total
Deal Terms
Total Commitments
- Platform
- SeedInvest
- Start Date
- 11/02/2018
- Close Date
- 12/18/2018
$25,000
$1,000,000
$1,000
Debt
RegCF
/ RegD 506(c)
Company & Team
Company
- Year Founded
- 2014
- Industry
- Farming & Agriculture
- Tech Sector
- Location
- East Greenwich, Rhode Island
- Company Website
-
Visit Website
Team
Financials
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/18/2018 | SeedInvest | - | $514,867 | Debt | Funded | RegCF / RegD 506(c) |
