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Growlink raised $2M in Seed funding led by Casa Verde to expand its AI capabilities and enhance its third-party integration platform.

Aug 09, 2024over 1 year ago

Amount Raised

$2 Million

Round Type

seed

DenverCannabisAgtechFarmingAgriculture and FarmingSoftware

Investors

Casa Verde

Description

Growlink, a Denver-based controlled environment agriculture provider, raised $2M in Seed funding. The company aims to use the funds to optimize its cultivation technology solutions for cannabis growers.

Company Information

Company

Growlink

Location

Denver, Colorado, United States

About

Growlink is a Denver, CO-based controlled environment agriculture (CEA) provider that specializes in advanced IoT controllers, sensors, and cultivation software. Led by CEO Ted Tanner, the company focuses on optimizing the cultivation process for cannabis growers through AI and IoT technologies. They offer solutions for precise climate control, automated irrigation, nutrient delivery, and data analytics. Growlink has been profitable for the past 10 years and serves over 2,200 active locations in 35 countries.

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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