About Lufa
Lufa is a company based in Montreal (Canada) founded in 2009.. Lufa has raised $4.5 million across 1 funding round from investors including Furneaux Capital, Cycle Capital and Dave Furneaux. Lufa offers products and services including Online Marketplace and Rooftop-Grown Vegetables. Lufa operates in a competitive market with competitors including 80 Acres Farms, Local Bounti, Fieldless, Fifth Season and Invictus, among others.
- Headquarter Montreal, Canada
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Sectors
Agriculture
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lufa Farms Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.5 M (USD)
in 1 rounds
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Latest Funding Round
$4.5 M (USD), Seed
Oct 09, 2012
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Investors
Furneaux Capital
& 2 more
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Employee Count
Employee Count
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Products & Services of Lufa
Lufa offers a comprehensive portfolio of products and services, including Online Marketplace and Rooftop-Grown Vegetables. 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.
Platform for purchasing fresh, local products and vegetables with delivery options.
Hydroponically farmed veggies from urban rooftops for sustainable consumption.
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Funding Insights of Lufa
Lufa has successfully raised a total of $4.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.5 million completed in October 2012. 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 1
- Last Round Seed — $4.5M
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First Round
First Round
(09 Oct 2012)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2012 | Amount | Seed - Lufa | Valuation | Cycle Capital |
| 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 Lufa
Lufa has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Furneaux Capital, Cycle Capital and Dave Furneaux. 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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Early-stage venture capital firm primarily investing in the US
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Founded Year | Domain | Location | |
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Cycle Capital is engaged in venture capital for clean tech innovations.
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Founded Year | Domain | Location | |
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DF
Dave Furneaux |
Angel investor, founder of Viridian Capital, focused on tech startups
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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 Lufa
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Lufa
| 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 |
Lufa Comparisons
Competitors of Lufa
Lufa 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 80 Acres Farms, Local Bounti, Fieldless, Fifth Season and Invictus, 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 |
Indoor hydroponic farming of vegetables and herbs is provided.
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| domain | founded_year | HQ Location |
Owns and operates agricultural farm
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| domain | founded_year | HQ Location |
Indoor automated vertical farming systems are operated for year-round produce.
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| domain | founded_year | HQ Location |
Provider of online game-related content and community services
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| domain | founded_year | HQ Location |
Invictus is engaged in commodity trading and investment.
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| domain | founded_year | HQ Location |
A vertical cultivation system for indoor farming is provided.
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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 Lufa
Frequently Asked Questions about Lufa
When was Lufa founded?
Lufa was founded in 2009 and raised its 1st funding round 3 years after it was founded.
Where is Lufa located?
Lufa is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Is Lufa a funded company?
Lufa is a funded company, having raised a total of $4.5M across 1 funding round to date. The company's 1st funding round was a Seed of $4.5M, raised on Oct 09, 2012.
What does Lufa do?
Founded in 2009 in Montreal, Canada, the company operates in the sustainable agriculture and food delivery sector. Vegetables are cultivated hydroponically in urban rooftop greenhouses, while partnerships are maintained with local farmers and food producers. A curated selection of products is offered through an online platform, with options for direct delivery to customers or pick-up at designated sites. A direct giving program is also implemented to support local communities.
Who are the top competitors of Lufa?
Lufa's top competitors include 80 Acres Farms, Local Bounti and Hippo Harvest.
What products or services does Lufa offer?
Lufa offers Online Marketplace and Rooftop-Grown Vegetables.
Who are Lufa's investors?
Lufa has 3 investors. Key investors include Furneaux Capital, Cycle Capital, and Dave Furneaux.
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