About CubicFarms
CubicFarms is a company based in Langley (Canada) founded in 2016 by Leo Benne and Jack Benne.. CubicFarms has completed 1 acquisition, including HydroGreen. CubicFarms offers products and services including HydroGreen Grow System, CubicFarm System, and Feed As A Service (FAAS). CubicFarms operates in a competitive market with competitors including Freight Farms, Agrify, Rise Gardens, Priva and AgEYE Technologies, among others.
- Headquarter Langley, Canada
- Founders Leo Benne, Jack Benne
- Stage Public
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Sectors
Agriculture
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Cubicfarm Systems Corp
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$665.84 K (USD), Post-IPO
Feb 16, 2024
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Investors
Blue Sky Farms
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of CubicFarms
CubicFarms offers a comprehensive portfolio of products and services, including HydroGreen Grow System, CubicFarm System, and Feed As A Service (FAAS). 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.
Automated system for indoor livestock feed production and harvest.
Modular technology for commercial-scale plant and feed growth.
Subscription-based service for on-demand livestock feed supply.
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Funding Insights of CubicFarms
- Total Funding Total Funding
- Total Rounds 6
- Last Round Post-IPO — $665,839
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First Round
First Round
(03 Sep 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Post-IPO - CubicFarms | Valuation |
investors |
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| Apr, 2021 | Amount | Post-IPO - CubicFarms | Valuation |
investors |
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| Dec, 2020 | Amount | Post-IPO - CubicFarms | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CubicFarms
CubicFarms has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Blue Sky Farms and Ospraie Ag Science. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Solutions are identified by Ospraie Ag Science for sustainable farming.
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Founded Year | Domain | Location | |
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Blue Sky Farms is engaged in dairy farming and milk production.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CubicFarms
CubicFarms has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include HydroGreen. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Animal nutrition feed is produced for livestock and agricultural use.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - CubicFarms
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cubicfarms Comparisons
Competitors of CubicFarms
CubicFarms 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 Freight Farms, Agrify, Rise Gardens, Priva and AgEYE Technologies, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of hydroponic container farms, software, training, and related support
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| domain | founded_year | HQ Location |
Farm management solutions for hemp and cannabis production are provided.
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| domain | founded_year | HQ Location |
Developer of indoor plant & flower growing systems
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| domain | founded_year | HQ Location |
Automation and climate control solutions are provided for indoor farming.
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| domain | founded_year | HQ Location |
AI-powered farm management solutions are provided for horticulture and operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cubicfarms
Frequently Asked Questions about CubicFarms
When was CubicFarms founded?
CubicFarms was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is CubicFarms located?
CubicFarms is headquartered in Langley, Canada. It is registered at Langley, British Columbia, Canada.
What does CubicFarms do?
CubicFarms was founded in 2016 in Langley, Canada, within the agritech sector. Automated, modular hydroponic systems are offered for onsite indoor growing of crops and livestock feed. Crop motion technology is utilized to facilitate vertical farming operations. Livestock farmers are supported through vertical pastures that enable efficient feed production. The companys domain is cubicfarms.com, with key figures including co-founders Leo Benne and Jack Benne, and investor Adam Peeler.
Who are the top competitors of CubicFarms?
CubicFarms's top competitors include Freight Farms, Agrify and Priva.
What products or services does CubicFarms offer?
CubicFarms offers HydroGreen Grow System, CubicFarm System, and Feed As A Service (FAAS).
How many acquisitions has CubicFarms made?
CubicFarms has made 1 acquisition, including HydroGreen.
Who are CubicFarms's investors?
CubicFarms has 2 investors. Key investors include Blue Sky Farms, and Ospraie Ag Science.