# Elevate Farms: Farming, Toronto, Canada

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

Source: https://millionrounds.com/startup/elevate-farms (Millionrounds; every figure on the page links to its filing or article)

Canada · [Farming startup](https://millionrounds.com/companies)

# Elevate Farms

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

Funding reported Last round: Series B

Farming Toronto, Canada

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Company summary

- **Founded:** 2017 9 years old
- **Team:** 16 11 to 50 people
- **Funding reported:** 33.4M as listed, currency not stated
- **Last round:** Series B Jul 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Elevate Farms has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 all **33.4M** in the source's currency

Rounds **4**

Last round **Series B**

Last round size **5M**

Last round date **Jul 2024**

Investors listed **4**

## Founders and team

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

**Amin Jadavji** President & CEO, Co-Founder

- **Aly Karim** Chief Strategy Officer
- **Kevin Epp** Chief Operating Officer

## On a portfolio page

Investors who name them

- [Brightspark Ventures](https://millionrounds.com/fund/brightspark-ventures)

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 technology precision agriculture controlled environment agriculture food system solutions food waste reduction farming manufacturing global food security controlled environment plant growth lean manufacturing environmental sustainability food production photobiology high productivity plant morphology control water efficiency

Built with from their website

Google Tag Manager ExpressionEngine Clarity SDM Viewport Meta Google Font API Microsoft Exchange Microsoft 365 Apps & Services Mobile Friendly Open Graph Microsoft Clarity

+8 more

Google Analytics GoDaddy Domains Google Analytics 4 Amazon AWS Microsoft Exchange Online DigitalOcean Nginx Microsoft 365

- **Sector:** Farming
- **Industry code:** NAICS 33311, 111419
- **Region:** Ontario
- **Revenue:** 2M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/elevate-farms)

## Farming in Canada

Startups like it

- [**Terramera** Vancouver · founded 2010 *Raised*](https://millionrounds.com/company/terramera)
- [**Semios** Vancouver · founded 2010](https://millionrounds.com/startup/semios)
- [**Sollum Technologies** Montreal · founded 2015](https://millionrounds.com/startup/sollum-technologies)
- [**Winter Farm** Brossard · founded 2018](https://millionrounds.com/startup/winter-farm)
- [**TruLeaf** Halifax · founded 2011](https://millionrounds.com/startup/truleaf-2)
- [**Les Fermes Lufa / Lufa Farms** Montreal · founded 2010](https://millionrounds.com/startup/les-fermes-lufa-lufa-farms)
- [**Verge Agriculture** Calgary · founded 2019](https://millionrounds.com/startup/verge-agriculture)
- [**Combyne Ag** Calgary · founded 2019](https://millionrounds.com/startup/combyne-ag)

## Is this your company?

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