agrilution - About the company
agrilution is an acquired company based in Munich (Germany), founded in 2013 by Philipp Wagner and Maximilian Loessl. It operates as a Develops, manufactures, and markets automated vertical farming kit. agrilution has raised an undisclosed amount in funding from FLUXUNIT. The company has 3 active competitors, including 2 that have exited. Its top competitors are ORANIER and bordbar.
Company Details
Agrilution develops, manufactures, and markets an automated vertical farming kit. Markets the product as PlantCube which is a closed vertical farm independent of outside temperature thus enabling growers to grow all year long. It enables users to adjust the light, water, and temperature inside the Plantcube by using the companion mobile app. It is best suited to grow fresh leafy greens, herbs, and microgreens and is targeted towards homes, restaurants, and supermarkets.
- Website
- agrilution.com
- Email ID
- *****@agrilution.com
- Phone Number
- +49 **********
Key Metrics
Founded Year
2013
Location
Munich, Germany
Stage
Acquired
Latest Funding Round
Ranked
1st among 3 active competitors
Employee Count
14 as on Dec 31, 2017
Exit Details
Acquired by Miele (Dec 09, 2019)
Legal entities associated with agrilution
agrilution is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
agrilution GmbH CIN: HRB204515 , Germany, Active | Apr 04, 2013 | - | 14 (As on Dec 31, 2017) |
agrilution's acquisition details
agrilution got acquired by Miele on Dec 09, 2019.
Click here to take a look at agrilution's acquisition in detail
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agrilution's funding and investors
agrilution has raised funding over 1 round. Its latest funding round was a Series A round on May 12, 2017 for $*****. 1 investor participated in its latest round. agrilution has 2 institutional investors.
Here is the list of recent funding rounds of agrilution:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 12, 2017 | 1397089 | Series A | 2575962 | 4136641 | 2034868 | 2293459 |
View details of agrilution's funding rounds and investors
agrilution's founders and board of directors
Founder? Claim ProfileThe founders of agrilution are Philipp Wagner and Maximilian Loessl.
Here are the details of agrilution's key team members:
- Philipp Wagner: Co-Founder & CTO of agrilution.
- Maximilian Loessl: Co-Founder & CEO of agrilution.
View details of agrilution's Founder profiles and Board Members
agrilution's employee count trend
agrilution has 14 employees as of Dec 17. Here is agrilution's employee count trend over the years:
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agrilution's Competitors and alternates
Top competitors of agrilution include ORANIER and bordbar. Here is the list of Top 10 competitors of agrilution, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | agrilution 2013, Munich (Germany), Acquired | Develops, manufactures, and markets automated vertical farming kit | - | 35/100 | |
2nd | Brand offering kitchenware | - | - | 20/100 | |
3rd | Internet first brand of handcrafted interior aircraft trolleys | - | - | 20/100 |
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agrilution's Investments and acquisitions
agrilution has made no investments or acquisitions yet.
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