# PodPonics

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

- Industry: Food
- Headquarters: Forest Park, US
- Website: www.podponics.com
- Total disclosed funding: $3.4M
- Latest round: Series A (Jun 13, 2014)
- Investors on record: 1

## About

PodPonics is a company specializing in precision indoor agriculture, utilizing innovative technology to optimize crop yield and reduce costs while providing pesticide-free produce year-round.PodPonics operates as a technology provider for indoor agriculture, focusing on precision cultivation solutions. Founded in Forest Park, US, the company has undergone a strategic pivot towards enhancing its technology offerings. The CEO, Matt Liotta, has a background in agricultural innovation. In June 2014, the company raised USD 3.4 mn in a Series A funding round led by New Ground Ventures, which marks the total amount raised so far.PodPonics offers advanced precision cultivation technology designed for indoor agriculture. Their primary product is a proprietary Control System, a Linux-based IoT platform that integrates environmental controls for optimal growth, alongside AgrifyInsights™ for real-time monitoring. Their technology is widely used by major grocery retailers such as Whole Foods and Kroger, producing pesticide-free leafy greens year-round. The systems are deployed in several global markets including the US, the Middle East, as well as regions like Oman and Dubai, effectively operating in diverse climates.PodPonics generates revenue by providing technology solutions tailored for large-scale indoor farming operations. Transactions are primarily through partnerships with retailers and wholesalers purchasing their integrated growing systems. This B2B model emphasizes delivering customized turn-key solutions that enhance agricultural efficiency and reduce operational costs for clients.The company plans to leverage its recent funding from June 2014 to develop new products aimed at enhancing indoor farming capabilities. PodPonics is also targeting expansion into international markets, particularly in Europe and Asia, within the next two years. This growth strategy is supported by the recent investment, which will facilitate the development of innovative agricultural technologies.

## Funding rounds

- Series A, Jun 13, 2014, $3.4M — New Ground Ventures

## Investors

- New Ground Ventures (https://capitalatlas.ai/funds/new-ground-ventures) — Series A