Seed9 January 2020

LettUs Grow raises £2.4m in seed funding led by Longwall Venture Partners

The funding round was led by Longwall Venture Partners to support research and technology scaling.

£2.4MSeed

LettUs Grow designs indoor farming technology and management software to improve agricultural sustainability. The company provides aeroponic systems that eliminate the need for fertile land and pesticides.

LettUs Grow has secured £2.4m in seed funding to expand its operations and product offerings. The financing round was led by Longwall Venture Partners, with additional participation from the University of Bristol Enterprise Fund, Bethnal Green Ventures, and ClearlySo.

The capital will be directed towards constructing a second aeroponic research centre, scaling existing technology, fulfilling current sales orders, and accelerating new product lines to market. This follow-on investment arrives as demand increases for agricultural technology capable of mitigating climate risks and enhancing food security.

From the founder

"This investment gives us a platform to really accelerate in 2020 and scale-up the delivery of our game-changing technology to farmers across the country. We’re seeing rising demand from around the world for new technologies to help farmers grow crops in ways that mitigate against the effects of climate change and ever-increasing extreme weather events."

Charlie Guy

Managing Director at LettUs Grow

Investor perspective

"Food security is an emerging major international challenge, especially in this era of unpredictable climate that we are now entering. We at Longwall are excited to be backing LettUs Grow in the development of game-changing technology that has the potential to make a real difference by making food growing more efficient, predictable, controllable and local."