About GrowUp Farms
GrowUp Farms is a company based in London (United Kingdom) founded in 2013 by Kate Hofman.. GrowUp Farms has raised $49.26 million across 3 funding rounds from investors including Generate Capital and CO2Sense. GrowUp Farms offers products and services including Fresh Leaves and Unbeleafable Zesty Mix. GrowUp Farms operates in a competitive market with competitors including INFARM, Jones Food Company, Urban Planters, Phytoponics and Sundrop Farms, among others.
- Headquarter London, United Kingdom
- Founders Kate Hofman
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Sectors
Agriculture
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Growup Farms Limited
- Date of Incorporation 24 May, 2013
- Jurisdiction BRISTOL, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$49.26 M (USD)
in 3 rounds
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Latest Funding Round
$49.26 M (USD), Series B
Jul 17, 2024
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Investors
Generate Capital
& 1 more
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Employee Count
Employee Count
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Products & Services of GrowUp Farms
GrowUp Farms offers a comprehensive portfolio of products and services, including Fresh Leaves and Unbeleafable Zesty Mix. 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.
Pesticide-free leaves grown year-round for retail supply.
Award-winning leaf blend for enhanced taste and freshness.
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Funding Insights of GrowUp Farms
GrowUp Farms has successfully raised a total of $49.26M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $49.26 million completed in July 2024. 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 3
- Last Round Series B — $49.3M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series B - GrowUp Farms | Valuation | Generate Capital |
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| Feb, 2022 | Amount | Debt – Conventional - GrowUp Farms | Valuation |
investors |
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| Apr, 2017 | Amount | Series A - GrowUp Farms | Valuation | CO2Sense |
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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 GrowUp Farms
GrowUp Farms has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Generate Capital and CO2Sense. 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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Renewable energy infrastructure investments are managed by Generate Capital.
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Founded Year | Domain | Location | |
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Support for low-carbon growth through innovative finance is provided.
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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 GrowUp Farms
| 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 - GrowUp Farms
| 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 |
Growup Farms Comparisons
Competitors of GrowUp Farms
GrowUp Farms 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 INFARM, Jones Food Company, Urban Planters, Phytoponics and Sundrop Farms, 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 |
Producer of herbs and vegetables using IoT-powered indoor hydroponic vertical farms
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| domain | founded_year | HQ Location |
Vegetables and herbs are produced and supplied through hydroponic farming.
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| domain | founded_year | HQ Location |
Provider of green and plant related horticultural services
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| domain | founded_year | HQ Location |
Design, manufacture, and supply of urban farming systems
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| domain | founded_year | HQ Location |
Hydroponic greenhouse farming company that operates farms using renewable resources
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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 Growup Farms
Frequently Asked Questions about GrowUp Farms
When was GrowUp Farms founded?
GrowUp Farms was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Where is GrowUp Farms located?
GrowUp Farms is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of GrowUp Farms?
Marcus Whately is the current CEO of GrowUp Farms.
Is GrowUp Farms a funded company?
GrowUp Farms is a funded company, having raised a total of $49.26M across 3 funding rounds to date.
What does GrowUp Farms do?
GrowUp Farms was established in 2013 in London, United Kingdom, within the agriculture sector. Vertical aquaponic methods are applied to cultivate produce, including fruits, vegetables, herbs, salads, and microgreens. These items are distributed to nearby markets and restaurants, supporting local food supply chains through sustainable farming practices. Operations focus on efficient, water-based growing systems to meet regional demand.
Who are the top competitors of GrowUp Farms?
GrowUp Farms's top competitors include Jones Food Company, INFARM and Phytoponics.
What products or services does GrowUp Farms offer?
GrowUp Farms offers Fresh Leaves and Unbeleafable Zesty Mix.
Who are GrowUp Farms's investors?
GrowUp Farms has 2 investors. Key investors include Generate Capital, and CO2Sense.