Company Overview
Snapshot
Founded in October 2004 by Shlomy Raziel, Grow-tec operates with 11–50 employees. The company has secured funding across one round. In March 2023, Grow-tec launched its indoor grow rooms for tomatoes and cucumbers, achieving significantly higher yields than traditional methods.
Business overview
Grow-tec is an Agriculture & Food Technologies company specializing in controlled environment agriculture. The company develops vertical indoor farming solutions, particularly for tomatoes and cucumbers, utilizing patented designs to maximize density and space utilization. Its core technology involves automated, climate-controlled grow rooms that enable year-round cultivation independent of external environmental constraints. Grow-tec designs and builds these facilities according to client needs, serving the agricultural industry with a focus on enhancing food security and addressing climate change challenges.
Strategic signal
In March 2023, Grow-tec launched its indoor grow rooms for tomatoes and cucumbers, demonstrating projected yields of 800 kilos per square meter per year for tomatoes and 800-1,000 kilos for cucumbers. This launch signals a significant advancement in vertical farming technology, offering a solution to traditional farming limitations and addressing global food security concerns. For investors, this indicates strong product validation and market potential in high-yield, sustainable agriculture.
Log in to access full profile ›Company Intelligence Q&A
- When was Grow-tec founded and by whom?
- Grow-tec was founded in October 2004 by Shlomy Raziel.
- What is Grow-tec's primary focus in agriculture?
- Grow-tec focuses on controlled environment agriculture, specifically developing vertical indoor farming solutions for crops like tomatoes and cucumbers.
- What was a key product launch for Grow-tec in early 2023?
- In March 2023, Grow-tec launched its indoor grow rooms for tomatoes and cucumbers, which are designed to achieve unprecedented yields compared to traditional farming methods.
- What yield improvements has Grow-tec demonstrated with its technology?
- Grow-tec's cucumber grow rooms yield 800 kilos per square meter per year, with projections to exceed 1,000 kilos, while tomato yields are projected at 800 kilos per square meter. These figures are significantly higher than those from traditional greenhouses.
- What is Grow-tec's approach to intellectual property?
- Grow-tec holds an existing patent portfolio to protect its intellectual property, particularly for its patented design that allows plants to grow horizontally in stacked tiers within vertical farms.