Sativus Tech Corp

Automatic Hydroponic Growing Machine

Agriculture & Food Technologies
Non Active, Aug 2024 ceased to operate
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Company Overview

Snapshot

Founded in May 2015, Sativus Tech Corp operates with 1–10 employees. The company has raised $7 million across three funding rounds and holds one patent. In May 2024, its subsidiary Saffron Tech unveiled a groundbreaking pilot for cost-effective saffron cultivation, signaling a strategic focus on high-value agricultural products.

Business overview

Sativus Tech Corp specializes in automated hydroponic cultivation systems for agricultural crops. The company's core technology enables controlled growing environments to optimize water, land, and labor efficiency while enhancing output quality and quantity. Operating within the Agriculture & Food Technologies sector, Sativus Tech Corp serves markets in North America and Europe with its solutions for sustainable farming and urban agriculture, including its subsidiary Saffron Tech, which focuses on saffron cultivation.

Strategic signal

In June 2024, Saffron Tech, a subsidiary of Sativus Tech Corp, announced a successful Proof of Concept (POC) for its cultivation methods. This development validates the company's approach to optimizing growth conditions for high-value crops, indicating a strong potential for commercial scalability and market penetration in specialized agricultural segments.

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Company Intelligence Q&A

What is Sativus Tech Corp's current operational status?
Sativus Tech Corp is currently non-active, having ceased operations in August 2024.
What is the primary focus of Sativus Tech Corp's subsidiary, Saffron Tech?
Saffron Tech focuses on the cultivation of saffron. In May 2024, it unveiled a pilot program for cost-effective saffron cultivation, and in June 2024, it announced a successful Proof of Concept for its cultivation methods.
When did Sativus Tech Corp change its name?
In December 2021, Seedo Corp announced a change in the company's name to Sativus Tech Corp.
Has Sativus Tech Corp appointed new leadership recently?
In January 2024, Sativus Tech Corp appointed a new Financial Leader as CFO to drive growth and innovation. Additionally, in November 2022, former Novartis Consumer Health Israel CEO Estee Rosen joined Sativus Tech.
What was a significant partnership for Sativus Tech Corp's subsidiary, Saffron Tech?
In September 2022, Sativus Tech and Chef Meir Adoni collaborated to bring saffron-infused food products to the marketplace.
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