Roots Sustainable Agricultural Technologies
Root Zone Cooling and Heating Systems
Company Overview
Snapshot
Founded in April 2009 by Sharon Devir, Roots Sustainable Agricultural Technologies operates with 1-10 employees. The company has raised $11.36 million across 8 funding rounds. In December 2024, Roots Sustainable Agricultural Technologies was acquired by ClearVue.
Business overview
Roots Sustainable Agricultural Technologies develops solutions for plant climate-management and irrigation within the Agriculture & Food Technologies sector. The company specializes in root zone temperature optimization, which aims to enhance yield, improve quality, conserve energy, and mitigate extreme temperature stress. Additionally, it offers irrigation by condensation technology, which provides water from atmospheric and soil moisture. These technologies leverage ground-source heat exchange to maintain optimal root zone temperatures year-round, serving the agricultural industry with precision agriculture and sustainable farming solutions.
Strategic signal
In December 2024, Roots Sustainable Agricultural Technologies was acquired by ClearVue Technologies Limited. This acquisition is significant as it integrates Roots' plant growth and water usage technologies with ClearVue's solar greenhouse solutions, aiming to create comprehensive ag-tech offerings. This strategic move signals a consolidation in the ag-tech market, enhancing the combined entity's ability to deliver sustainable agricultural solutions and expand market presence.
Log in to access full profile ›Company Intelligence Q&A
- What was the most recent significant corporate event for Roots Sustainable Agricultural Technologies?
- In December 2024, Roots Sustainable Agricultural Technologies was acquired by ClearVue Technologies Limited. This acquisition included Roots' intellectual property and assets, aiming to integrate their plant growth and water usage technologies with ClearVue's solar greenhouse solutions.
- What legal challenges did Roots Sustainable Agricultural Technologies face in 2024?
- In May 2024, Roots Sustainable Agricultural Technologies received a stay of proceedings order from the court after reportedly incurring significant losses. This action followed the company's request to convene meetings and approve a creditors' arrangement due to accumulated debts.
- When did Roots Sustainable Agricultural Technologies secure a key design patent in the US?
- In May 2023, Roots Sustainable Agricultural Technologies gained a key design patent in the US, which supported its efforts to strengthen its market position.
- What was a notable product launch by Roots Sustainable Agricultural Technologies in 2020?
- In October 2020, Roots Sustainable Agricultural Technologies launched its next-generation agricultural solutions, which featured a new heat-exchange probe.
- What was the outcome of Roots Sustainable Agricultural Technologies' IPO?
- In December 2017, Roots Sustainable Agricultural Technologies completed an Initial Public Offering on the ASX, raising A$5 million. This public listing positioned the company for continued development and commercialization of its technologies.