2Grow

Destelbergen, Belgium Founded: 2017 • Age: 9 yrs
Sensor solutions for plant monitoring are supplied by 2Grow.

About 2Grow

2Grow is a company based in Destelbergen (Belgium) founded in 2017 by Erik Dielen and Stephan Bostoen. It operates as a AgriTech Models, and Subscription Services. The company has 2 employees as of December 31, 2021. 2Grow has completed 1 acquisition, including Phyto-IT. 2Grow offers products and services including Plant Activity Management and Sapflow and Stem Diameter Sensors. 2Grow operates in a competitive market with competitors including The Climate, SeeTree, SatSure, Fyllo and Aerobotics, among others.

  • Headquarter Destelbergen, Belgium
  • Employees 2 as on 31 Dec, 2021
  • Founders Erik Dielen, Stephan Bostoen
  • Sectors
    Agriculture
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name 2Grow Bv
Operational Areas
Agriculture → Agricultural Technology & Innovation
Key Metrics
  • Annual Revenue
    $1.01 M (USD)
    41
    as on Dec 31, 2022
  • Net Profit
    $4.69 K (USD)
    -91
    as on Dec 31, 2022
  • EBITDA
    $243.9 K (USD)
    10
    as on Dec 31, 2022
  • Latest Funding Round
  • Investors
  • Employee Count
    2

    as on Dec 31, 2021

  • Investments & Acquisitions
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Products & Services of 2Grow

2Grow offers a comprehensive portfolio of products and services, including Plant Activity Management and Sapflow and Stem Diameter Sensors. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Plant activity is monitored with predictive sapflow data.

Sensors measure sapflow and stem diameter for insights.

Funding Insights of 2Grow

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by 2Grow

2Grow has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Phyto-IT. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Technolgical solutions for plant modeling and data analytics of plant data
2008
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - 2Grow

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

2Grow Comparisons

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Competitors of 2Grow

2Grow operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as The Climate, SeeTree, SatSure, Fyllo and Aerobotics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
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Integrated platform providing hardware and software for farm and weather data analytics
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Tree health is analyzed via machine learning and data-driven solutions.
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Geospatial data analytics are powered by AI for business insights.
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Fyllo is engaged in providing agritech solutions for farmers.
domain founded_year HQ Location
Drone-based farm monitoring and pest management solutions are offered.
domain founded_year HQ Location
Crop data analytics solutions are provided for precision farming practices.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on 2Grow

Frequently Asked Questions about 2Grow

When was 2Grow founded?

2Grow was founded in 2017.

Where is 2Grow located?

2Grow is headquartered in Destelbergen, Belgium. It is registered at Destelbergen, East Flanders, Belgium.

How many employees does 2Grow have?

As of Dec 31, 2021, the latest employee count at 2Grow is 2.

What is the annual revenue of 2Grow?

Annual revenue of 2Grow is $1.01M as on Dec 31, 2022.

What does 2Grow do?

2Grow is engaged in delivering advanced agricultural technology solutions for greenhouse vegetable growers. The company offers predictive models for sapflow and stem diameter to anticipate plant performance 48 hours ahead. Services include daily reports, climate dashboards, and WhatsApp notifications to optimize yield and address crop challenges like irrigation timing and climate impact. Operating in the AgriTech sector, 2Grow supports growers with data-driven insights to enhance growth efficiency and reduce yield losses.

Who are the top competitors of 2Grow?

2Grow's top competitors include Fyllo, Fasal and The Climate.

What products or services does 2Grow offer?

2Grow offers Plant Activity Management and Sapflow and Stem Diameter Sensors.

How many acquisitions has 2Grow made?

2Grow has made 1 acquisition, including Phyto-IT.

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