FOTONICA
Energy-saving Light Systems for Plants
Company Overview
Snapshot
Founded in August 2013 by Menachem Schwarz and Gennadiy Berinsky, FOTONICA operates with 1–10 employees. The company has raised $518.24K across four funding rounds from three investors. In September 2017, FOTONICA announced an R&D collaboration and investment from MedReleaf.
Business overview
FOTONICA develops LED-based light systems designed to optimize plant growth while significantly reducing electricity costs. The company's core technology utilizes multispectral wavelength LEDs, enabling growers to implement precise light prescriptions and protocols to enhance crop biomass and quality. FOTONICA's solution integrates hardware with dynamic, flexible broad-spectrum lights, including UVA/UVB, far-red, and infra-red, alongside a multispectral camera for image processing. This allows for early detection of pathogens, monitoring of canopy temperature for irrigation, and identification of nutrient deficiencies for fertilization. The accompanying software provides comprehensive control over the system's output, serving the agriculture and food technologies sector, particularly in areas like ag tech and sustainable farming.
Strategic signal
In September 2017, FOTONICA secured an R&D collaboration and investment from MedReleaf, a significant development that validated the company's technology within the cannabis cultivation industry. This partnership highlighted the potential for FOTONICA's energy-saving light systems to optimize plant growth in specialized agricultural markets, signaling strong commercial interest and strategic alignment for its advanced LED solutions.
Company Intelligence Q&A
- What is FOTONICA's primary focus?
- FOTONICA specializes in developing energy-saving LED-based light systems to optimize plant growth and reduce electricity consumption for agricultural applications.
- When was FOTONICA founded and by whom?
- FOTONICA was founded in August 2013 by co-founders Menachem Schwarz and Gennadiy Berinsky.
- What was a key strategic partnership for FOTONICA?
- In September 2017, FOTONICA announced an R&D collaboration and received investment from MedReleaf, focusing on cannabis grow lighting.
- What is FOTONICA's total disclosed funding?
- FOTONICA has raised a total of $518.24K across four funding rounds.
- What is the status of FOTONICA?
- FOTONICA is currently Non Active and ceased to operate in January 2023.