Groots

Groots

Startup with a focus on Vertical Farming.

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DateInvestorsAmountRound
N/A

€0.0

round
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€0.0

round
N/A

€0.0

round
*

N/A

Seed
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR20222023
Revenues00000000
% growth-70 %
EBITDA00000000
Profit00000000
% profit margin(109 %)(50 %)
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Company filings or news article

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More about Groots
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Groots is an innovative food company dedicated to sustainable agriculture through the use of advanced technologies. The company focuses on vertical farming, a method of growing crops in stacked layers, often integrated into urban environments. This approach allows Groots to produce fresh, high-quality produce while significantly reducing the environmental impact compared to traditional farming methods.

Groots primarily serves urban consumers who are environmentally conscious and seek locally sourced, fresh produce. Their target market includes individuals and businesses in urban areas who prioritize sustainability and health. By growing food closer to where it is consumed, Groots minimizes the carbon footprint associated with long-distance transportation of food products.

The business operates in the sustainable agriculture and urban farming market. This market is growing rapidly due to increasing awareness of environmental issues and the need for efficient food production systems to support the rising urban population. Groots leverages vertical farming technology to maximize space and resource efficiency, making it a key player in this emerging sector.

Groots' business model revolves around the direct sale of fresh produce to consumers and businesses. They utilize a subscription service for individuals who want regular deliveries of fresh, locally grown vegetables. Additionally, they supply restaurants, grocery stores, and other food service providers with their produce. This dual approach ensures a steady revenue stream from both individual and commercial clients.

The company makes money by selling its produce at a premium price, justified by the superior quality and sustainability of their products. They also save costs through efficient use of water and land, thanks to their closed-circuit systems that save up to 90% of water compared to traditional farming. These savings contribute to their profitability while promoting environmental conservation.

In summary, Groots is a forward-thinking company that combines technology and sustainability to revolutionize urban agriculture. They cater to eco-conscious consumers and businesses, operate in the growing market of sustainable food production, and generate revenue through direct sales and subscriptions.

Keywords: vertical farming, urban agriculture, sustainable food, fresh produce, eco-friendly, water-saving, local sourcing, urban consumers, subscription service, environmental conservation.

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