GrowIT

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Q&A

What is GrowIT's primary focus in the Ag-Tech sector?

GrowIT develops Drip Illumination technology to redefine vertical farming economics by reducing energy demand by 65%.

What is GrowIT's core technology?

GrowIT's core technology is Drip Illumination, which uses synchronized power flow management to maximize photosynthesis throughput.

What problem does GrowIT aim to solve in vertical farming?

GrowIT aims to solve the energy bottleneck in vertical farming by reducing energy demand by 65% while maintaining peak yield.

What is GrowIT's business model for customers?

GrowIT offers a performance-based pricing model, sharing 50% of energy savings with customers, and aims to eliminate upfront capital expenditure.

What other sector is GrowIT involved in besides vertical farming?

GrowIT is also involved in providing high-tech solutions for the microalgae sector.

Where is GrowIT headquartered?

GrowIT is headquartered in Haifa, Israel.

What is GrowIT's relationship with Technion - Israel Institute of Technology?

Technion - Israel Institute of Technology is GrowIT's primary R&D and Intellectual Property partner for novel power electronics and Ag-Tech systems control, holding a minority stake.

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