COMPANY INFO
Flora is a private company founded in 2022 and headquartered in Chicago, IL. It has 9 employees and operates in the electronic equipment and instruments industry. Flora manufactures electronic sensors designed to offset carbon in the atmosphere by saving plants. Their sensors use artificial intelligence to provide real-time insights and custom alerts for plant care, helping plant owners maintain plant health remotely. The company raised $300K in funding and aims to remove guesswork from plant care with its technology. (PitchBook, CB Insights)
Flora (Flora Brands) is a computer hardware manufacturing company founded in 2018, with its headquarters in Amsterdam, Netherlands, and a significant presence in Chicago, IL. With a small but innovative team of 9 employees, Flora operates in the electronic equipment and instruments industry. The company specializes in manufacturing electronic sensors that use artificial intelligence to provide real-time insights and custom alerts for plant care, empowering consumers and businesses to maintain plant health and offset carbon in the atmosphere. Flora's mission is to eliminate the guesswork from plant care through advanced technology.
Flora (Flora Brands) funding history is marked by a strong start with its seed round, which has been instrumental in launching its unique technology offering. The company has raised a total of $9 million in a single funding round as of September 28, 2022. This initial funding has been focused on product development and market entry, positioning Flora as a promising player in the smart plant care and environmental technology sector. Flora's funding strategy is centered on leveraging venture capital to scale its impact and drive product innovation.
Flora (Flora Brands) raised $9 million in its seed round, aimed at supporting the company's initial launch and further development of its electronic sensor technology for plant care using artificial intelligence. The funds are intended to accelerate product development and expand Flora’s market reach.
Lux Capital is a leading venture capital firm known for investing in technology and science-based startups. As a lead investor in Flora’s seed round, Lux Capital brings both capital and credibility, supporting Flora in scaling its technological innovations.
Correlation Ventures is a venture capital firm that utilizes data-driven investment strategies. As another lead investor in Flora’s seed round, Correlation Ventures adds strong analytical support and helps Flora accelerate its growth trajectory.
Ramakant Sharma is an entrepreneur and investor known for backing startups in the technology sector. As an investor in Flora, Sharma provides guidance and network connections to help Flora expand.
Mike Volpi is a seasoned venture capitalist with a background in scaling technology companies. His investment in Flora signifies confidence in Flora’s technical vision and growth strategy.
Hanabi Capital is an investment firm that supports innovative and high-potential startups. Their involvement in Flora contributes to the company’s financial stability and growth prospects.
Menlo Ventures is a top-tier venture capital firm, adding experience and funding to Flora’s seed round, which can help facilitate further rounds and continued expansion.
Long Journey is an investor dedicated to supporting early-stage, impactful companies. Their investment in Flora enhances the company’s ability to pursue its mission of tech-driven plant care and environmental impact.
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