5 years ago

Phytoponics Secures £500,000 in Funding for Sustainable Hydroponic Crop Production

  • Phytoponics, a UK-based company specializing in sustainable hydroponic crop production, has secured £500,000 in equity financing

  • The investment comes from existing shareholders and the Development Bank of Wales, marking the company's first institutional investor

  • Phytoponics, established in 2016, operates controlled-environment glasshouses equipped with its Deep Water Culture hydroponics technology, growing various crops

  • The funding will be used to scale up trials, further innovate, and realize the commercial potential of its technology.

      • ProblemAgriculture

      "Traditional agriculture is resource-intensive, often relying on unsustainable practices that harm the environment. "

      Solution

      "Phytoponics offers a sustainable hydroponic crop production system that uses deep water culture technology, reducing water and land usage while increasing yield and quality."

      Covered on