Canada · Farming startup

Elevate Farms

Elevate Farms is a second-generation vertical farming technology company based in Toronto, Ontario, Canada.

Funding reportedLast round: Series B

FarmingToronto, Canada

About Elevate Farms

Elevate Farms is a second-generation vertical farming technology company based in Toronto, Ontario, Canada.

Founded in 2017, the company designs, builds, and operates autonomous indoor farms that produce pesticide-free, high-nutrient leafy greens and herbs at scale. Their mission is to elevate agriculture by providing scalable, economically viable, and environmentally sustainable food production worldwide. The company utilizes a proprietary autonomous farming system that incorporates hydroponics, LED lighting, robotic automation, and blockchain-based traceability. This innovative approach significantly reduces water and land usage compared to traditional agriculture, while also minimizing food waste. Elevate Farms offers turnkey farming solutions for urban centers and remote regions, ensuring a stable supply of fresh produce year-round. Their facilities are located in Canada, the US, and New Zealand, with ongoing expansion efforts in Europe and northern Canada.

What company datasets say Elevate Farms raised

Funding, as reported

Reported in all33.4Min the source's currency
Rounds4
Last roundSeries B
Last round size5M
Last round dateJul 2024
Investors listed4

Founders and team

From Elevate Farms's own website: 1 founder, 2 on the team.

Amin JadavjiPresident & CEO, Co-Founder
  • Aly KarimChief Strategy Officer
  • Kevin EppChief Operating Officer

On a portfolio page

Investors who name them

Each firm lists Elevate Farms on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

proprietary led technologyprecision agriculturecontrolled environment agriculturefood system solutionsfood waste reductionfarmingmanufacturingglobal food securitycontrolled environment plant growthlean manufacturingenvironmental sustainabilityfood productionphotobiologyhigh productivityplant morphology controlwater efficiency

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Sector
Farming
Industry code
NAICS 33311, 111419
Region
Ontario
Revenue
2M a year, as listed
Full record
Every detail in the company directory

Farming in Canada

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