Company Overview
Snapshot
Founded in April 2017 by Idan Avitan and Keren Shechner, Growee Technologies operates with 1–10 employees. The company has raised over $1.4M across three funding rounds from two investors. In June 2023, Growee Technologies expanded its operations into the US market.
Business overview
Growee Technologies develops an autonomous nutrient distribution system integrated with a cloud-based growth analytics platform. The company's technology provides a plant monitoring and feeding solution for small-scale indoor farmers by combining real-time sensing with feeding algorithms and automation. Growee serves home gardeners and urban farms, operating within the Agriculture & Food Technologies sector, with a focus on sustainable farming, smart farming, and hydroponics.
Strategic signal
In June 2023, Growee Technologies announced its expansion into the US market, establishing a new distribution center. This strategic move signals the company's intent to capture a larger share of the urban hydroponics market and indicates a significant step towards global growth and increased market penetration for its AI-based plant-feeding technology.
Company Intelligence Q&A
- When was Growee Technologies founded?
- Growee Technologies was founded in April 2017.
- What was a key strategic development for Growee Technologies in June 2023?
- In June 2023, Growee Technologies expanded its operations into the US market, establishing a new distribution center to target micro hydroponic growers in North America.
- Which investors participated in Growee Technologies' funding round in June 2023?
- In June 2023, Growee Technologies received funding from the Israel Innovation Authority and the Israeli Ministry of Energy.
- What type of technology does Growee Technologies develop?
- Growee Technologies develops an autonomous nutrient distribution system combined with a growth analytics cloud platform, utilizing AI for plant monitoring and feeding solutions.
- What grant did Growee Technologies secure in April 2020?
- In April 2020, Growee Technologies secured a grant from the Israel Innovation Authority.