About FutureFarms
FutureFarms is a company based in Chennai (India) founded in 2014 by Sriram Gopal.. FutureFarms has raised $352.67 thousand across 2 funding rounds from investors including Simbiotik. The company has 7 employees as of April 09, 2024. FutureFarms offers products and services including Leaf Station Farm, Dutch Bucket Farm, Monolithiq, and Plai – Plant AI. FutureFarms operates in a competitive market with competitors including Barton Breeze, A S AGRI AND AQUA, PLANT CARTRIDGE, Inevitable Tech and Light Science Technologies, among others.
- Headquarter Chennai, India
- Employees 7 as on 09 Apr, 2024
- Founders Sriram Gopal
- Stage Minicorn
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Sectors
Agriculture
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Phone
*********
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Website
*********
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Social
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- Legal Name Ff Agro Technologies Private Limited
- Date of Incorporation 21 Nov, 2017
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$418.14 K (USD)-14.44as on Mar 31, 2022
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Net Profit
$-243.7 K (USD)-76.67as on Mar 31, 2022
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EBITDA
$-123.77 K (USD)-2.38as on Mar 31, 2022
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Total Equity Funding
$352.67 K (USD)
in 2 rounds
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Latest Funding Round
$113.47 K (USD), Seed
Mar 07, 2022
- Investors
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Employee Count
7
as on Apr 09, 2024
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Products & Services of FutureFarms
FutureFarms offers a comprehensive portfolio of products and services, including Leaf Station Farm, Dutch Bucket Farm, Monolithiq, and Plai – Plant AI. 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.
Turnkey solution for commercial leafy green farming
Method for soilless crop growth with resource efficiency
AI tool for plant management and optimization
Platform for data-driven farm operations and monitoring
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Funding Insights of FutureFarms
FutureFarms has successfully raised a total of $352.67K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $113.47 thousand completed in March 2022. 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 Total Funding
- Total Rounds 2
- Last Round Seed — $113,469
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First Round
First Round
(10 Mar 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Seed - FutureFarms | Valuation | Simbiotik |
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| Mar, 2021 | Amount | Seed - FutureFarms | Valuation | Simbiotik |
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| 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 FutureFarms
FutureFarms has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Simbiotik. 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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Provides comprehensive cloud-based e-procurement solutions for businesses.
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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 FutureFarms
| 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 |
Financial Statements - FutureFarms
| 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 |
Futurefarms Comparisons
Competitors of FutureFarms
FutureFarms 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 Barton Breeze, A S AGRI AND AQUA, PLANT CARTRIDGE, Inevitable Tech and Light Science 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 |
Environment-controlled indoor hydroponic and aeroponic farm services are provided.
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| domain | founded_year | HQ Location |
Delivers comprehensive solutions for agriculture and aquaculture development to farmers.
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| domain | founded_year | HQ Location |
Tech-enabled solutions are provided to farmers across agriculture stages.
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| domain | founded_year | HQ Location |
AI-based indoor farming services are provided to businesses.
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| domain | founded_year | HQ Location |
Provides grow lights and sensor technology for vertical farming and greenhouses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Futurefarms
Frequently Asked Questions about FutureFarms
When was FutureFarms founded?
FutureFarms was founded in 2014 and raised its 1st funding round 7 years after it was founded.
Where is FutureFarms located?
FutureFarms is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of FutureFarms?
Sriram Gopal is the current CEO of FutureFarms. They have also founded this company.
Is FutureFarms a funded company?
FutureFarms is a funded company, having raised a total of $352.67K across 2 funding rounds to date. The company's 1st funding round was a Seed of $239.21K, raised on Mar 10, 2021.
How many employees does FutureFarms have?
As of Apr 09, 2024, the latest employee count at FutureFarms is 7.
What is the annual revenue of FutureFarms?
Annual revenue of FutureFarms is $418.14K as on Mar 31, 2022.
What does FutureFarms do?
FutureFarms was founded in 2014 and is based in Chennai, India. Operations focus on the urban agriculture sector, where hydroponic systems and related infrastructure are provided. Products such as leaf stations for cultivation, air buckets for deep water culture, water-soluble nutrients, and growth media including coco peat, rock wool cubes, and perlite are supplied. Automation is integrated across multiple farm parameters to support efficient urban farming.
Who are the top competitors of FutureFarms?
FutureFarms's top competitors include A S AGRI AND AQUA, Cultivatd and Inevitable Tech.
What products or services does FutureFarms offer?
FutureFarms offers Leaf Station Farm, Dutch Bucket Farm, Monolithiq, and Plai – Plant AI.
Who are FutureFarms's investors?
FutureFarms has 1 investor. Key investors include Simbiotik.
What is FutureFarms's valuation?
The valuation of FutureFarms is $18.37M as of Mar 2022.