# PlantLab Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/plantlab-group-b-v

- Industry: Agribusiness
- Headquarters: 's-Hertogenbosch, Netherlands
- Website: www.plantlab.com
- Total disclosed funding: $23M
- Latest round: Series A (Jul 22, 2020)
- Investors on record: 1

## About

PlantLab Group B.V. specializes in innovative indoor farming solutions using advanced technology to enhance agricultural practices while minimizing resource use, catering to a global market focused on sustainable food production.Founded in 2010 and headquartered in 's-Hertogenbosch, Netherlands, PlantLab Group B.V. develops indoor farming technologies. The company has successfully completed 2 deals, with the most recent being a GROWTH funding round in February 2022, raising EUR 50.000 mn led by De Hoge Dennen Capital. The CEO, Eelco Ockers, has a background in agricultural technology and business management.PlantLab offers advanced indoor farming solutions that include Plant Production Units (PPUs) designed for optimal growth while conserving water, using only 5% of what is required in traditional greenhouses. Their modular and turnkey systems are tailored for growers, distributors, and retailers, aimed at increasing production efficiency while addressing urban agricultural challenges. Key markets served include Europe, North America, and Asia, where the demand for sustainable farming practices is growing.PlantLab's revenue streams include direct sales of indoor farming systems, software solutions, and research services, supported by a subscription model that provides ongoing customer support. Their business primarily engages in B2B transactions with agricultural producers and technology partners, focusing on custom projects. Notable services include precision farm controls and asset tracking software, with pricing reflecting system complexity and customization levels.Following a successful GROWTH funding round in February 2022, where EUR 50.000 mn was secured, PlantLab plans to utilize this capital to expand its production sites beyond the Netherlands. The company aims to introduce new products designed to enhance indoor farming capabilities and is targeting broader markets in Europe and North America for expansion through 2023.

## Funding rounds

- Series A, Jul 22, 2020, $23M — De Hoge Dennen Capital

## Investors

- De Hoge Dennen Capital (https://capitalatlas.ai/funds/de-hoge-dennen-capital) — Series A