Funding Details
- Awarder
- SOSV
- Date Award
- March 31, 2023
- Vertical
- Agriculture
- Funding URL
- View Funding Page
- Premoney Valuation
-
$1,000,000
- Valuation
-
$10,000,000
Company Info
- Founding Year
- 2014
- Traction
- Niwa has successfully deployed its systems in over 500 locations and has generated significant interest from both individual consumers and commercial growers. The company is poised for rapid growth as the demand for fresh, locally grown produce continues to rise.
- Revenue Amount
-
$2,500,000
- Organizations Involved
- SOSV, Techstars, Y Combinator
- Founders
- Javier Morillas, Enrique Lillo
- Company Description
- Niwa is an agriculture technology company that specializes in indoor farming solutions. Their flagship product is a smart hydroponic system that allows users to grow a variety of crops indoors, controlling factors such as temperature, humidity, and light to optimize plant growth. Niwa's system is designed for both commercial and personal use, enabling individuals and businesses to cultivate fresh produce year-round in a sustainable and efficient manner.
- Market
- Agriculture
- Location
-
Los Angeles,
CA,
US
- Coinvestors
- SOSV, Techstars, Y Combinator
Links