Element Farms, an indoor hydroponic farming company capable of growing safe, pesticide-free spinach at scale year-round, has launched its investment round on equity crowdfunding platform WeFunder.
Founded in 2016, Element Farms describes itself as a produce company driven by technology. The company uses “cutting-edge,” proprietary technology in our greenhouse to seed, grow, and harvest some of the safest, purest, and best-tasting leafy greens for city dwellers on the east coast.
“Element Farms combines age-old farming wisdom with cutting-edge proprietary technology to produce leafy greens at a higher yield and lower cost than its competitors. The company designed and built the machines that automate many of its processes; uses a proprietary growing system and nutrient mix for optimal greens health; and supplies high-capacity intelligent lighting and supplemental carbon dioxide to speed growth. The greens grow so quickly–from seed to store in just 16 days–that there’s no need for pesticides; pests do not have time to integrate into the plant canopy.”
While sharing more details about the company’s funding round, Element Farms’ Founder and CEO, Serdar Mizrakci, stated:
“As soon as customers experienced the flavor, freshness, and tenderness of our greens, they asked how they could get involved and support our mission,” said “With equity crowdfunding through WeFunder, we can welcome them in–at any level of investment–and include more people in our growth, success, and the overall future of farming.”
The funding round is currently set to close later this spring.
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