Elevate Farm

Toronto, Canada Founded: 2018 • Age: 8 yrs
Producer of leafy vegetables using AI and blockchain-based automated vertical farm

About Elevate Farm

Elevate Farm is an Agriculture company based in Toronto (Canada) founded in 2018 by Per Aage Lysaa and Amin Jadavji. Producer of leafy vegetables using AI and blockchain-based automated vertical farm. Elevate Farm has raised $39.05 million across 6 funding rounds from investors including Brightspark Ventures, Orange Ridge Capital and Strategic Swiss Partners. Elevate Farm has completed 1 acquisition, including Fieldless. Its chief executive, as recorded, is Amin Jadavji. Elevate Farm offers products and services including Vertical Farming System and Leafy Greens Production. Its focus areas include Food and Agriculture Tech, Crop Tech, Indoor Farming and Hydroponics. Its competitors include Village Farms, Fieldless and Pure Sunfarms; 1 of its 3 listed competitors has raised funding.

Company details

Elevate Farm was founded in 2018 in Toronto, Canada, and focuses on vertical farming within the agrotechnology sector. Leafy vegetables are grown through automated systems that incorporate AI algorithms, data-driven lighting, and specific plant protocols. LED light technology, photobiology principles, and robotic automation form the core of the farming infrastructure. Blockchain technology is integrated to provide traceability solutions for the produce. Operations are centered in urban vertical farm setups.

  • Headquarters Toronto, Canada
  • Founders Per Aage Lysaa, Amin Jadavji
  • Sectors
    Agriculture
  • Website elevate.farm
  • Social LinkedIn X
Operational Areas
Key Metrics
  • Total Equity Funding
    $39.05M (USD)

    in 6 rounds

  • Latest Funding Round
    $4.95M (USD), Series A

    Mar 2026

  • Investors
  • Investments & Acquisitions

Products & Services of Elevate Farm

Elevate Farm offers a comprehensive portfolio of products and services, including Vertical Farming System and Leafy Greens Production.

Vertical Farming System
Agricultural Technology

Designs and operates automated farms for efficient plant growth

Leafy Greens Production
Food Production

Grows high-quality greens with minimal water and labor

Funding Insights of Elevate Farm

Elevate Farm has successfully raised a total of $39.05M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $4.95 million completed in March 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $39.05M
  • Total Rounds 6
  • Last Round Series A β€” $4.95M
  • First Round $1.8M

    (Feb 2020)

  • Investors Count 5

All 6 funding rounds of Elevate Farm with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2026$4.95MSeries A––
–
Jul 2024$2.5MSeries A–Brightspark Ventures, Orange Ridge Capital
Oct 2022$18.8MSeries A–Brightspark Ventures
–
Feb 2021$1MSeries A–Northview LifeSciences
–
May 2020$10MSeries A–Northstaragriculture
–
Feb 2020$1.8MSeed–Brightspark Ventures
–
Valuation history

5 investors in total: 5 institutional.

Investors in Elevate Farm

Elevate Farm has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Brightspark Ventures, Orange Ridge Capital and Strategic Swiss Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital firm investing in Canadian early-stage tech companies and providing access to funds.
brightspark.com
Life sciences-focused venture capital firm investing in geographies such as Canada and Germany
northviewlifesciences.comVancouver, Canada
Provides investment solutions for sustainable real assets in timberland and renewable energy.
2015orangeridgecapital.comHilversum, Netherlands
Provides expert management and financial advisory services across global markets.
2017strategicswisspartners.comZurich, Switzerland
Provides sustainable food solutions for northern communities.
northstaragriculture.ca
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Investor details for Elevate Farm

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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People of Elevate Farm

2 people are tracked at Elevate Farm (2 in leadership).

NameRoleGroup
Per Aage Lysaa
Co-Founder & CTOLeadership
Amin Jadavji
Co-Founder & CEOLeadership
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Complete people profiles for Elevate Farm

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
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Investments & Acquisitions by Elevate Farm

Elevate Farm has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Fieldless.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Indoor automated vertical farming systems are operated for year-round produce.
fieldless.comToronto, Canada2017Jan 2026β€’β€’β€’β€’
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Complete acquisition details for Elevate Farm

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  • Exports

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Timeline of Elevate Farm

4 dated milestones of Elevate Farm across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Elevate Farm is founded.
  2. Funding First funding round of $1.8M.
  3. Acquisition Acquires Fieldless.
  4. Funding Latest funding round, Series A, of $5.0M.

Competitors of Elevate Farm

Elevate Farm has 3 listed competitors in our database, 1 of them funded. They include Village Farms, Fieldless and Pure Sunfarms.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
villagefarms.com1989Delta, Canada
Controlled environment agriculture is operated for produce and cannabis cultivation.
fieldless.com2017Toronto, Canada$17.5M
Indoor automated vertical farming systems are operated for year-round produce.
puresunfarms.com2017Delta, Canada
Cannabis is produced and supplied to processors by Pure Sunfarms.
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Detailed competitors of Elevate Farm

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Web traffic of Elevate Farm

The website of Elevate Farm (elevate.farm) receives about 2K visits a month.

  • Monthly visits
    2K

    ▲ 2.2% vs previous month

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Related news about Elevate Farm

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Frequently Asked Questions about Elevate Farm

Elevate Farm was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Elevate Farm is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Amin Jadavji is the CEO of Elevate Farm, as recorded in our data. They have also founded this company.

Elevate Farm is a funded company, having raised a total of $39.05M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1.8M, raised on Feb 2020.

Elevate Farm was founded in 2018 in Toronto, Canada, and focuses on vertical farming within the agrotechnology sector. Leafy vegetables are grown through automated systems that incorporate AI algorithms, data-driven lighting, and specific plant protocols. LED light technology, photobiology principles, and robotic automation form the core of the farming infrastructure. Blockchain technology is integrated to provide traceability solutions for the produce. Operations are centered in urban vertical farm setups.

Elevate Farm's top competitors include Village Farms, Pure Sunfarms and Fieldless.

Elevate Farm offers Vertical Farming System and Leafy Greens Production.

Elevate Farm has made 1 acquisition, including Fieldless.

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