Elevate Farm

Toronto, Canada Founded: 2018 • Age: 8 yrs
Producer of leafy vegetables using AI and blockchain-based automated vertical farm
Annual revenue - Latest available
Total funding $39.1M 6 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Elevate Farm

Elevate Farm is a company based in Toronto (Canada) founded in 2018 by Per Aage Lysaa and Amin Jadavji. 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. Elevate Farm offers products and services including Vertical Farming System and Leafy Greens Production. Elevate Farm operates in a competitive market with competitors including Village Farms, Fieldless, Pure Sunfarms, Lufa and Ferme d'Hiver, among others.

  • Headquarter Toronto, Canada
  • Founders Per Aage Lysaa, Amin Jadavji
  • Sectors
    Agriculture
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $39.05 M (USD)

    in 6 rounds

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

    Mar 10, 2026

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of Elevate Farm

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

Product name locked
Category locked
Primary

Designs and operates automated farms for efficient plant growth

Product name locked
Category locked
Locked

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.

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
Investor Description Founded Year Domain Location
Venture capital firm investing in Canadian early-stage tech companies and providing access to funds.
Locked Locked Locked
Life sciences-focused venture capital firm investing in geographies such as Canada and Germany
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Provides investment solutions for sustainable real assets in timberland and renewable energy.
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  • Investor domains
  • Investor locations
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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.

Investments
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Investment portfolio details for Elevate Farm

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Indoor automated vertical farming systems are operated for year-round produce.
Locked Locked 2017 Locked
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Complete acquisition details for Elevate Farm

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Financial Statements - Elevate Farm

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Detailed financials for Elevate Farm

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Elevate Farm Comparisons

Elevate Farm Primary company
Description
Producer of leafy vegetables using AI and blockchain-based a...
Location
Toronto, Canada
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Elevate Farm

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Competitors of Elevate Farm

Elevate Farm 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 Village Farms, Fieldless, Pure Sunfarms, Lufa and Ferme d'Hiver, among others.

Company Name Domain Founded year HQ Location Description
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Controlled environment agriculture is operated for produce and cannabis cultivation.
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Indoor automated vertical farming systems are operated for year-round produce.
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Cannabis is produced and supplied to processors by Pure Sunfarms.
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Provider of sustainably grown produce and local food products via online marketplace and delivery
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Producer of strawberries using the indoor vertical farming growing system
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Detailed competitors of Elevate Farm

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Latest news on Elevate Farm

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Complete news archive for 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 current CEO of Elevate Farm. 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.

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 Vision Greens.

Elevate Farm offers Vertical Farming System and Leafy Greens Production.

Elevate Farm has made 1 acquisition, including Fieldless.

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