Niwa ( SOSV Accelerator)
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
Funding Amount
$1,200,000
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
Market
Agriculture
Location
Los Angeles, CA, US
Coinvestors
SOSV, Techstars, Y Combinator
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.

Links
Website
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