Tech Company Financing Transactions
PodPonics Funding Round
PodPonics, based in Atlanta, received $3.4 million in investment from New Ground Ventures.
Transaction Overview
Company Name
Announced On
6/17/2014
Transaction Type
Venture Equity
Amount
$3,400,000
Round
Series A
Investors
New Ground Ventures (Lead Investor)
Proceeds Purpose
Proceeds will be used to double growing capacity over the next three months, PodPonics' Vice President Connor Seabrook said.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
3855 Ruby H Harper Blvd. SE
Atlanta, GA 30354
USA
Atlanta, GA 30354
USA
Phone
Website
Email Address
Not Recorded
Overview
PodPonics offers a distributed approach to growing fresh produce year-round at or near the point of consumption. Our proprietary system reduces cost, improves quality, and creates local jobs while answering the strong and growing demand for locally-produced natural whole foods.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Matt Liotta
Chief Operating Officer
Charles Wu
Chief Technical Officer
John Deroo
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Next: 6/17/2014: Draker Laboratories venture capital transaction
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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