About Tortuga AgTech
Tortuga AgTech is a company based in Denver (United States) founded in 2016.. Tortuga AgTech has raised $27.67 million across 5 funding rounds from investors including Ceres, Lewis & Clark Agrifood and REMUS. The company has 18 employees as of December 31, 2024. Tortuga AgTech operates in a competitive market with competitors including Agrify, N.THING, Priva, Grobo and Kheyti, among others.
- Headquarter Denver, United States
- Employees 18 as on 31 Dec, 2024
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Sectors
AgricultureIndustrial Goods & Manufacturing
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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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Total Equity Funding
$27.67 M (USD)
in 5 rounds
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Latest Funding Round
$20 M (USD), Series A
Feb 12, 2021
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Investors
Ceres
& 14 more
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Employee Count
18
as on Dec 31, 2024
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Funding Insights of Tortuga AgTech
Tortuga AgTech has successfully raised a total of $27.67M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in February 2021. 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 5
- Last Round Series A — $20.0M
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First Round
First Round
(11 Apr 2017)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Series A - Tortuga AgTech | Valuation | Lewis & Clark Agrifood | |
| Sep, 2020 | Amount | Grant - Tortuga AgTech | Valuation |
investors |
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| May, 2019 | Amount | Seed - Tortuga AgTech | Valuation | Spero Ventures |
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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 Tortuga AgTech
Tortuga AgTech has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include Ceres, Lewis & Clark Agrifood and REMUS. 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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Venture capital investments are directed toward agriculture and food sectors.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by REMUS venture capital fund.
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Founded Year | Domain | Location | |
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Grit Ventures is focused on early-stage deep tech investments.
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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 Tortuga AgTech
| 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 - Tortuga AgTech
| 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 |
Tortuga Agtech Comparisons
Competitors of Tortuga AgTech
Tortuga AgTech 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 Agrify, N.THING, Priva, Grobo and Kheyti, 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 |
Farm management solutions for hemp and cannabis production are provided.
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| domain | founded_year | HQ Location |
IoT-enabled sensors for indoor garden monitoring are developed.
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| domain | founded_year | HQ Location |
Automation and climate control solutions are provided for indoor farming.
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| domain | founded_year | HQ Location |
An automated indoor gardening system for efficient home use.
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| domain | founded_year | HQ Location |
Provider of greenhouse and tech-enabled services
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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 Tortuga Agtech
Frequently Asked Questions about Tortuga AgTech
When was Tortuga AgTech founded?
Tortuga AgTech was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Tortuga AgTech located?
Tortuga AgTech is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Who is the current CEO of Tortuga AgTech?
Hiroki Koga is the current CEO of Tortuga AgTech.
Is Tortuga AgTech a funded company?
Tortuga AgTech is a funded company, having raised a total of $27.67M across 5 funding rounds to date. The company's 1st funding round was a Seed of $5M, raised on Apr 11, 2017.
How many employees does Tortuga AgTech have?
As of Dec 31, 2024, the latest employee count at Tortuga AgTech is 18.
What does Tortuga AgTech do?
Provider of AI-enabled robot greenhouses systems. The company claims that its facilities would be distributed and automated facilities that would use robotics for the automation of farming processes. The company also claims that it would use lesser pesticide, herbicides, and water as compared to the conventional farming method.
Who are the top competitors of Tortuga AgTech?
Who are Tortuga AgTech's investors?
Tortuga AgTech has 15 investors. Key investors include Ceres, Lewis & Clark Agrifood, REMUS, Grit Ventures, and Morado Ventures.
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