Total raised
$7.0M
Last: PIPE 2023-03
Stage
Public
Founded
2015
Headcount
6
HQ
Tel Aviv-Yafo
Sector
Agriculture & Food Technologies
About
Sativus Tech Corp enables the controlled, automated cultivation of agricultural crops under laboratory conditions, conserving water, land, and labor while significantly increasing the quality and quantity of output.
Saffron Tech is a subsidiary of Sativus Tech Corp, a brand of Eroll Grow Tech.
Funding history · 3 rounds · $7.0M total
2023-03
PIPE
$1.0M
2019-04
PIPE
$4.0M
2018-09
Seed
$2.0M
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is the current operational status of Sativus Tech Corp?
- Sativus Tech Corp is currently inactive, having ceased operations in August 2024.
- When did Sativus Tech Corp undergo a name change, and what was its previous name?
- Sativus Tech Corp changed its name from Seedo Corp in December 2021.
- What was Sativus Tech Corp's total funding raised in USD?
- Sativus Tech Corp raised a total of $7,000,000 USD across all its funding rounds.
- Which investors participated in Sativus Tech Corp's Seed round in September 2018?
- In September 2018, Sativus Tech Corp's Seed round included investments from Yorkville Advisors Global and Cannabics Pharmaceuticals Inc.
- What was a significant financing event for Sativus Tech Corp in April 2019?
- In April 2019, Sativus Tech Corp secured $4,000,000 through a PIPE round, with Daniel Birnbaum as an investor.
- What was the most recent funding round for Sativus Tech Corp, and who was the lead investor?
- Sativus Tech Corp's most recent funding was a $1,000,000 PIPE round in March 2023, with Dreamtech Co as the lead investor.
- When did Sativus Tech Corp become a public company and on which exchange?
- Sativus Tech Corp became a public company in September 2018 through a reverse merger, trading on the OTC exchange under the ticker SATT.
- What was a key product development announced by Sativus Tech Corp in July 2022?
- In July 2022, Sativus Tech Corp successfully produced premium saffron grown in fully controlled vertical farms.
- What was a notable partnership for Sativus Tech Corp in September 2022?
- In September 2022, Sativus Tech Corp collaborated with Chef Meir Adoni to bring saffron-infused food products to the marketplace.
- What was a significant grant received by a Sativus Tech Corp subsidiary in April 2023?
- In April 2023, a Sativus Tech Corp subsidiary was awarded a $1 million grant from the Israeli Innovation Authority.
Sectors & technology
Primary sector
Agriculture & Food Technologies
Sub-sectors
Climate TechFood & Land UseSustainable FarmingAgriculture & Food TechnologiesAg TechFarm Equipment & Treatment
Technologies
SensingChromatics & Light
Target customers
Agriculture & FoodCrops
Business model
B2BB2C
Highlights
1 PatentsVerified
Tags
sustainable-farmingclimate-techmobile-applicationsmedical-cannabissensorscannabishydroponicsautomationroboticscomputer-visionconsumersmachine-learningartificial-intelligenceresidential-sites