Just Vertical secures seed funding from the CBA Catalysts of Brampton
The indoor farming startup has raised undisclosed capital to support its expansion plans.
Toronto based vertical hydroponic farming startup that sells growing modules and nutrient kits.
Just Vertical has secured seed funding from the CBA Catalysts of Brampton. The capital will support the indoor farming enterprise as it expands its market footprint across North America and looks toward European markets.
The company was established by Conner Tidd and Kevin Jakiela during their postgraduate studies at the University of Toronto Mississauga. It combines hardware sales with consumable kits to enable home food cultivation.
The investment follows the startup's selection at a pitch event hosted by the Brampton investor network. The transaction forms part of a broader regional economic development initiative powered by Cross Border Angels and Experts.
From the founder
"Just Vertical has been received incredibly well generating over six figures in revenue over the last year while seeing steady growth in their recurring revenue line of business. At the same time, our growing technology has managed to save 2.6 million liters of water and eliminate 74 million miles of food transport. These dual benefits for business and the environment have been recognized globally, most recently with Just Vertical winning the People’s Choice Award at the World Future Energy Summit in Abu Dhabi, UAE."
Conner Tidd
Founder at Just Vertical
Investor perspective
"Successful investment is mainly related to being a the right place at the right time. The CBA Catalysts of Brampton provided just that for me and Just Vertical. I began to be interested in indoor farming at the beginning of 2018. When I met Conner and Kevin of Just Vertical at the Catalysts of BramCBA started as a managed angel network focused on cross border co-investments and has evolved into an execution partner throughpton launch dinner, I saw the right opportunity to work with them. After several preliminary meetings, we finalized our commitment to work together. We will grow the business into a success story soon."
Thomas Wong
Founder, Rent-to-Own Specialist, Executive Committee Member and Entrepreneur Relations Catalyst, CBA Catalysts of Brampton
Use of funds
- 01Expand into international markets
Investors
Categories
About the company
Just Vertical
Just Vertical manufactures indoor hydroponic growing systems for domestic food production.