About Pure Sunfarms
Pure Sunfarms is a company based in Delta (Canada) founded in 2017 was acquired by Village Farms in November 2019.. Pure Sunfarms offers products and services including Age Verification Service. Pure Sunfarms operates in a competitive market with competitors including 80 Acres Farms, Local Bounti, Fieldless, LandCraft Retail and Planet Farms, among others.
- Headquarter Delta, Canada
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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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$43.46 M (USD), Debt – Conventional
Jul 02, 2020
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Investors
Canadian Imperial Bank of Commerce
& 3 more
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Employee Count
Employee Count
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Acquired by
Village Farms
(Nov 19, 2019)
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Products & Services of Pure Sunfarms
Pure Sunfarms offers a comprehensive portfolio of products and services, including Age Verification Service. 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 age and location verification to access restricted content.
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Funding Insights of Pure Sunfarms
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $43.5M
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First Round
First Round
(13 Feb 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Debt – Conventional - Pure Sunfarms | Valuation |
investors |
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| Mar, 2020 | Amount | Debt – Conventional - Pure Sunfarms | Valuation |
investors |
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| Feb, 2019 | Amount | Debt – Conventional - Pure Sunfarms | Valuation |
investors |
| 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 Pure Sunfarms
Pure Sunfarms has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce, BMO and Village Farms. 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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Private debt investments are focused on the agriculture sector.
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Founded Year | Domain | Location | |
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BMO is recognized as a leading financial services provider in Canada.
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Founded Year | Domain | Location | |
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Commercial banking services are provided to individuals and 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 Pure Sunfarms
| 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 - Pure Sunfarms
| 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 |
Pure Sunfarms Comparisons
Competitors of Pure Sunfarms
Pure Sunfarms 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, LandCraft Retail and Planet 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 |
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 |
Tech-based solutions for indoor farming and resource management are provided.
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| domain | founded_year | HQ Location |
A vertical cultivation system for indoor farming is provided.
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| domain | founded_year | HQ Location |
Produce is grown in controlled greenhouses with targeted root nutrients.
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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 Pure Sunfarms
Frequently Asked Questions about Pure Sunfarms
When was Pure Sunfarms founded?
Pure Sunfarms was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Pure Sunfarms located?
Pure Sunfarms is headquartered in Delta, Canada. It is registered at Delta, British Columbia, Canada.
What does Pure Sunfarms do?
Pure Sunfarms was founded in 2017 and is based in Delta, Canada. The company operates in the cannabis sector, where raw cannabis is produced and supplied to processors. Products such as flowers, vapes, pre-rolls, oils, and seeds are included in the offerings. Focus is placed on meeting industry demands through these core activities.
Who are the top competitors of Pure Sunfarms?
Pure Sunfarms's top competitors include 80 Acres Farms, Local Bounti and Hippo Harvest.
What products or services does Pure Sunfarms offer?
Pure Sunfarms offers Age Verification Service.
Who are Pure Sunfarms's investors?
Pure Sunfarms has 4 investors. Key investors include Canadian Imperial Bank of Commerce, BMO, Village Farms, and Farm Credit Canada.
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