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India: Fogponics startup secures $180,000 in pre-seed funding

Jan 22, 2024•almost 2 years ago

Amount Raised

$180,000

Round Type

pre-seed

AhmedabadFarmingAgriculture and Farming

Investors

Red Bricks PartnersArathi Ganesh Of Sribala Consultation

Description

GoPurple (formerly Purple Farms) has secured $180,000 in pre-seed funding to launch their indoor Fogponics farm and R&D center in Ahmedabad and further advance their indoor farming technology.

Company Information

Company

GoPurple (formerly Purple Farms)

Location

Ahmedabad, Gujarat, India

About

Indoor vertical farm using fogponics technology. All our crops are grown indoors under climate controlled environments without the use of any herbicides or pesticides. Discover fresh like never before.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech