Thrive Agritech

ElectronicsSeedNew York, USthriveagritech.com

Latest round

Seed

Last raised

Jul 2015

Total raised

$0.1M

Investors

1

About Thrive Agritech

Thrive Agritech, Inc.Thrive Agritech, Inc. was founded in 2014 and is headquartered in New York, US. The company focuses on delivering innovative LED lighting solutions for indoor agriculture. The founder, Brian Bennett, has a history of involvement in similar ventures.Thrive Agritech specializes in advanced LED grow lighting solutions tailored for indoor agriculture, focusing on maximizing efficiency and plant health. Their core product line includes high-performance grow lights, such as the Pinnacle HP (840W) for Sea-of-Green cannabis cultivation, as well as models designed for multi-tier and single-tier applications. These products are engineered to deliver Photosynthetically Active Radiation (PAR) uniformly across plant canopies, significantly enhancing growth rates and harvest yields.Thrive Agritech generates revenue through direct sales of its LED lighting products to commercial growers and indoor farmers. The company’s sales structure typically involves B2B transactions, with products sold directly to clients who are looking to enhance their indoor farming operations. Key offerings, such as the Pinnacle series and Boost XE grow lights, are marketed as both efficient and easy to install, addressing the needs of customers aiming to improve cultivation efficiency and reduce operational costs.Thrive Agritech is focused on introducing new products and expanding into additional markets. The company plans to launch new lighting solutions designed for various indoor farming applications by mid-2024. Additionally, Thrive Agritech aims to enter new geographic markets across Europe and Asia by 2025.

Who invested in Thrive Agritech

1 investor across 1 round

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Funding rounds

  1. Seed

    Jul 1, 2015

    Amount

    $0.1M

    Investors

    Locked

Questions about Thrive Agritech

Who invested in Thrive Agritech?

Thrive Agritech has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Thrive Agritech raised?

Thrive Agritech has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Thrive Agritech last raise money?

Thrive Agritech's most recent round on record is a Seed, in Jul 2015.

What does Thrive Agritech do?

Thrive Agritech is a electronics company.

Where is Thrive Agritech headquartered?

Thrive Agritech is headquartered in New York, US.

Which VCs invest in companies like Thrive Agritech?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back electronics companies at Thrive Agritech's stage. Their profiles are linked below.

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