Agritech startup Deep Rooted raised $12.5 million in Series A led by IvyCap where existing investors Accel, Omnivore, and Mayfield also participated.
Deep Rooted intends to use the funds to expand its operations in southern India, strengthen its technology stack, and hire talent across marketing, technology, and business development teams over the next year. Deep Rooted claims that with the help of its greenhouse network, the startup can deliver fresh produce while using fewer resources than traditional farms.
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Agritech startup Deep Rooted raised $12.5 million in Series A led by IvyCap where existing investors Accel, Omnivore, and Mayfield also participated.
Deep Rooted intends to use the funds to expand its operations in southern India, strengthen its technology stack, and hire talent across marketing, technology, and business development teams over the next year. Deep Rooted claims that with the help of its greenhouse network, the startup can deliver fresh produce while using fewer resources than traditional farms.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
