Financials

Estimates*

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Revenues, earnings & profits over time
EUR20162017
Profit(<1m)(1.8m)
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DateInvestorsAmountRound
-

N/A

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€250k

Seed

€500k

Seed

€1.0m

Grant

€3.8m

Series A
Total FundingAUD9.4m

Recent News about Agrilution

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More about Agrilutioninfo icon
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Agrilution is a pioneering company in the field of indoor gardening, offering innovative solutions for home-grown produce through its flagship product, the Plantcube. The Plantcube is a smart indoor garden that utilizes hydroponic technology, which means it grows plants without soil by using mineral nutrient solutions in water. This technology ensures precise climate control and eliminates the need for traditional watering, making it an efficient and user-friendly option for urban dwellers and gardening enthusiasts.

The company primarily serves consumers who are interested in sustainable living, healthy eating, and urban gardening. Agrilution operates in the consumer electronics and home appliance market, targeting individuals who seek to grow their own fresh herbs, vegetables, and microgreens at home.

Agrilution's business model revolves around the sale of the Plantcube units and recurring revenue from the sale of Seedbars, which are pre-packaged seeds designed to be used with the Plantcube. This model ensures a continuous revenue stream as customers regularly purchase Seedbars to grow different types of plants.

In summary, Agrilution combines advanced technology with sustainable living practices to offer a unique product that caters to the growing demand for home-grown, fresh produce. The company's innovative approach and focus on user convenience position it well in the market.

Keywords: indoor gardening, hydroponic technology, smart garden, Plantcube, Seedbars, urban gardening, sustainable living, home-grown produce, consumer electronics, healthy eating.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.