Grow-Tech

South Portland, United States Founded: 2014 • Age: 12 yrs Acquired By Dummen Orange
Stabilized growing media for soil-less cultivation is designed and manufactured.

About Grow-Tech

Grow-Tech was founded in 2014 and is based in South Portland, United States. Operations focus on the agritech sector, where stabilized growing media known as FlexiPlugs is produced by blending coco peat with organic materials and binding it with foam. Holding trays called FlexiTrays are also manufactured, along with a biobased textile substrate named BioStrate, which is used to absorb and retain water in soil-less systems.

  • Headquarter South Portland, United States
  • Email
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  • Phone
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  • Website
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Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Dummen Orange

    & 1 more

    (Jun 01, 2017)

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Funding Insights of Grow-Tech

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

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Investors in Grow-Tech

Grow-Tech has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Dummen Orange and The Elmet Group. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
A private equity firm focused on advanced manufacturing growth.
Founded Year Domain Location
Flower bulbs and plants are bred and supplied worldwide.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Grow-Tech

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

Financial Statements - Grow-Tech

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

Grow-Tech Comparisons

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Competitors of Grow-Tech

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 Grow-Tech

Frequently Asked Questions about Grow-Tech

When was Grow-Tech founded?

Grow-Tech was founded in 2014.

Where is Grow-Tech located?

Grow-Tech is headquartered in South Portland, United States. It is registered at South Portland, Maine, United States.

What does Grow-Tech do?

Grow-Tech was founded in 2014 and is based in South Portland, United States. Operations focus on the agritech sector, where stabilized growing media known as FlexiPlugs is produced by blending coco peat with organic materials and binding it with foam. Holding trays called FlexiTrays are also manufactured, along with a biobased textile substrate named BioStrate, which is used to absorb and retain water in soil-less systems.

Who are Grow-Tech's investors?

Grow-Tech has 2 investors. Key investors include Dummen Orange, and The Elmet Group.

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