Opens Door to New Horticulture Partnerships After Raising $1.875 million in Recent Seed Round
Summary
The company’s LED-based technology mimics seasons, different geographies and accelerates growth rates, helping to dramatically reduce the overall environmental footprint of a crop, including water usage, by growers. G2V’s financing was led by a group of angel investors via Radar Endeavour Group and joined by Accelerate II Fund (managed by Yaletown Partners with the support of The A100), Bluesky Equities, Ashif Mawji, Douglas Gray (NOM Investments), Dr. Ray Muzyka (ThresholdImpact), and Blaine LaBonte (DJI Capital). “Despite the economic uncertainty in Alberta right now, we continue to see investors step up to take advantage of technology opportunities with a global impact. The private company recently won a Start Alberta Fast Growth award and conducts business around the world. G2V is committed to supporting controlled environment agricultural producers of food, spice, and medicinal crops to grow more using less – by maximizing output, chemistry, and efficiency with the proprietary Engineered Sunlight™ platform.