Growlink, a Denver based provider of controlled environment agriculture (CEA) solutions, recently announced the successful closure of a $2 million seed financing round led by Casa Verde. This investment marks a significant milestone for the company, known for its advanced controllers, sensors and cultivation software designed to optimize agricultural yield with minimal resources.
Co-founders Ted Tanner and David Holmes bring experience, having built technology companies together for over 26 years, with two previous successful endeavors .
Growlink: AI Capabilities
For over a decade, Growlink has operated profitably without external funding or debt, steadily growing its customer base to over 2,200 active locations in 35 countries. Acoording to the company, most US-based multi-state operators are using their technology.
The recent funding will enable Growlink to expand its AI capabilities and enhance its third-party integration platform. This platform ensures seamless connectivity between various hardware and the Growlink cloud. Users will gain access to advanced control algorithms, cultivar blueprints and AI crop steering programs.
Glowlink Strategic Partnership
Casa Verde has been funding cannabis enterprises for several years now. The company, known for its link to rap superstar Snoop Dogg, is also recognized for its focus on cannabis technology.
Based in Los Angeles, Casa Verde has invested in critical solutions across the cannabis supply chain. Karan Wadhera, managing partner of Casa Verde, emphasized the importance of Growlink’s technology. “Growlink drives immediate ROI for underserviced cultivators and is a foundational component of any technology stack that prioritizes quality and efficiency,” he said.
Tanner, CEO of Growlink, expressed enthusiasm about the partnership. “We are thrilled to partner with Casa Verde, an investor that shares our vision and passion for advancing the cannabis cultivation industry. Their support will be instrumental in accelerating our growth and expanding our capabilities.”
Cover: AI generated image
