# Inno-3B

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/inno-3b

- Industry: Software
- Headquarters: Canada
- Website: http://www.inno-3b.com
- Total disclosed funding: $4.4M
- Latest round: Seed (Dec 18, 2018)
- Investors on record: 3

## About

Inno-3B Inc. is a Canadian company specializing in advanced vertical farming technology, focusing on automation and digitalization to enable efficient organic produce cultivation across various markets.Founded in 2014 in Canada, Inno-3B Inc. specializes in vertical farming technology. The company is led by CEO Martin Brault, who has a history of entrepreneurial endeavors. In December 2018, Inno-3B raised CAD 6 million in a SEED round led by Ecofuel, with participation from Desjardins Capital and Fonds de solidarité FTQ Investissements. This funding marks the sole investment deal for the company to date.Inno-3B specializes in advanced vertical farming technology that integrates automation and digitalization within a closed-loop system. Their core product offerings enable clients to cultivate organic produce efficiently, providing solutions for urban agriculture, repurposing unused spaces, and large-scale food production. Inno-3B targets diverse markets, including North America and Europe, catering to commercial growers, urban farms, and agricultural enterprises seeking sustainability and productivity. The company's innovative technology maximizes yield while minimizing environmental impact, offering advantages such as reduced carbon footprints and energy efficiency.Inno-3B generates revenue through direct sales of its vertical farming systems to commercial clients and potential subscription services for software and ongoing support. Transactions typically involve agreements where clients purchase systems tailored to their needs, supported by technical consultation and installation services. The pricing strategy is aligned with the value of its flagship products, designed to optimize plant yields and operational efficiency, and may include partnerships with distributors or retailers in the agricultural sector.Inno-3B plans to utilize its recent funding of CAD 6 million from the SEED round to enhance its product offerings and support market expansion. The company is focused on developing new vertical farming technologies designed to meet the evolving needs of urban agriculture and large-scale food production. Additionally, Inno-3B aims to expand its presence in North American and European markets by 2022, leveraging its innovative solutions to address the growing demand for sustainable agricultural practices.

## Funding rounds

- Seed, Dec 18, 2018, $4.4M — Desjardins Capital, Fonds de solidarité FTQ Investissements, Fonds Ecofuel

## Investors

- Desjardins Capital (https://capitalatlas.ai/funds/desjardins-capital) — Seed
- Fonds de solidarité FTQ Investissements — Seed
- Fonds Ecofuel (https://capitalatlas.ai/funds/fonds-ecofuel) — Seed