Tech Company Financing Transactions
GrowUp Funding Round
GrowUp, based in Sandwich, Kent, raised $49 million in funding from Generate Capital.
Transaction Overview
Company Name
Announced On
7/17/2024
Transaction Type
Venture Equity
Amount
$49,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand its capacity, accelerate its leadership of the UK salad category, support the Unbeleafable and Fresh Leaf Co. brands, drive R&D of its Leaf Lab site in Cambridge, and increase its influence as a certified B Corp.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
Pepperness, Montagu Road
Sandwich, Kent, CT13 9FA
UK
Sandwich, Kent, CT13 9FA
UK
Phone
Undisclosed
Website
Email Address
Overview
In 2013, we started to get excited about the idea of combining new and existing technology to grow food that tasted better, lasted longer, and helped to reduce the environmental impact of getting healthy food onto people's plates. We're unique because we've cracked the biggest challenge in vertical farming -- energy.
Management Team
Title
Name
Email & Social
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Our team works diligently to document tech company VC transactions. All VC database entries reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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