# agrilution

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/agrilution

- Industry: Agribusiness
- Headquarters: Munich, Germany
- Website: www.agrilution.com
- Total disclosed funding: $4.7M
- Latest round: Series A (May 8, 2017)
- Investors on record: 3

## About

Based in Germany, agrilution GmbH specializes in innovative indoor farming solutions through its flagship product, the Plantcube, allowing users to grow fresh produce conveniently in their homes.Agrilution GmbH, founded in 2013 in Munich, Germany, focuses on developing automated indoor gardening systems. The company was acquired by Miele & Cie. KG in December 2019. Most recently, agrilution GmbH discontinued its operations in April 2023 after raising EUR 3.80 mn in a Series A funding round led by Tengelmann Ventures Management, bringing the total amount raised to EUR 3.80 mn and the current company valuation to EUR 11.92 mn.Agrilution's primary offering is the Plantcube, a compact automated indoor gardening system using hydroponic technology and advanced LED lighting for optimal plant growth. It caters to urban dwellers and health-conscious consumers, enabling them to grow fresh produce at home. The company targets markets across Germany and Europe, meeting the increasing demand for sustainable home gardening solutions.The revenue model of agrilution is based on direct-to-consumer sales of the Plantcube and a subscription service for seed pods and nutrients. Customers invest in the Plantcube, followed by ongoing purchases of necessary consumables, ensuring continuous engagement and revenue generation for the company.In April 2023, agrilution GmbH announced the discontinuation of its operations, following its recent acquisition and funding activities. There are currently no disclosed plans for new product launches or market expansions.

## Funding rounds

- Series A, May 8, 2017, $4.1M — Tengelmann Ventures Management, Fluxunit, Kraut Capital
- Series A, Aug 15, 2016, $0.6M — Tengelmann Ventures Management

## Investors

- Tengelmann Ventures Management (https://capitalatlas.ai/funds/tengelmann-ventures-management) — Series A
- Fluxunit (https://capitalatlas.ai/funds/fluxunit) — Series A
- Kraut Capital — Series A