Rise Gardens, a Chicago, IL-based maker of in-home, smart hydroponic garden systems, received an investment from the Amazon Alexa Fund.
The amount of the deal was not disclosed.
Led by CEO and Founder Hank Adams, Rise Gardens is the maker of in-home, smart hydroponic garden systems, including a mobile app that monitors water levels and plant progress. It also reminds users when and how much to water, fertilize, and care for their plants, while the company’s subscription service mails supplies on a regular basis. Its modular design allows for one, two or three levels of growth, accommodating everything from greens and herbs to micro greens, tomatoes and beets.
Founded in 2019, Rise Gardens announced the close of a $2.6m seed round of financing in late May led by Silicon Valley venture capital firm True Ventures, with additional funding from several prominent Chicago investors such as Pat Vihtelic (founder, Home Chef), Lee Rosenberg and Michael Alter (WNBA Sky).
FinSMEs
15/10/2020