Company Overview
Snapshot
Founded in April 2015 by Jonathan Ofir and Eran Mordechay, LEAF Grow operates with 1–10 employees. The company has raised a total of $9.02 million across 4 funding rounds from 16 investors. In May 2019, LEAF Grow secured a significant financing round to support the commercial manufacturing of its automated home-growing system.
Business overview
LEAF Grow develops a plug-and-plant system designed for the automated cultivation of medicinal plants and food. This technology aims to simplify the growing process, making it accessible to users without prior knowledge and enabling remote control via smartphones. Operating within the Health Tech & Life Sciences sector, LEAF Grow serves consumers interested in home cultivation solutions, particularly for cannabis, and is categorized under sustainable farming and consumer electronics.
Strategic signal
In May 2019, LEAF Grow closed an oversubscribed $4.5 million financing round, specifically earmarked for launching the commercial manufacturing of its fully automated home-growing system. This capital infusion signals a critical transition from development to market-ready production, indicating strong investor confidence in the company's ability to scale and meet demand for its innovative cannabis cultivation technology.
Company Intelligence Q&A
- What is LEAF Grow's core product?
- LEAF Grow's core product is a plug-and-plant system that automates the growth of medicinal plants and food, designed for ease of use and remote control via a smartphone.
- When was LEAF Grow founded and by whom?
- LEAF Grow was founded in April 2015 by Jonathan Ofir and Eran Mordechay.
- What was a significant funding event for LEAF Grow?
- In May 2019, LEAF Grow (formerly Corsica Innovations) closed an oversubscribed $4.5 million financing round to launch the commercial manufacturing of its automated home-growing system.
- What was an early funding event for LEAF Grow?
- In July 2016, LEAF Grow received seed funding from investors including.
- What was the earliest funding event for LEAF Grow?
- In April 2015, LEAF Grow received pre-seed funding from CanopyBoulder, an accelerator program.