A year ago, we were two MIT kids with a crazy vision of how the world could feed itself in a healthy and sustainable manner. Now we’re two MIT kids with that same vision, a team of uniquely talented engineers, designers and thinkers, and over $2 million dollars in seed capital.
To drastically understate, we’re excited.
This surge of capital allows us to continue hiring the best people to accelerate our progress. We’re looking for those who believe we can help people around the world live more resiliently by providing tools that help them grow healthy food right where they live. Know anybody who would love working with us? Send them here
(Want a Grove T-shirt? Click here!)
We’re fortunate to connect with investors who believe that our team can execute on our vision for a more distributed, sustainable, healthy food system.
“We are leading this round at Grove Labs because we love the team and believe, as they do, that many consumers are ready to grow their own organic vegetables at home, and as food safety and availability becomes more of a concern, all consumers will want to do it.”
– Yves Sisteron, Upfront Ventures
Upfront Ventures led our round, with participation from Gary Vaynerchuk through his seed stage fund, Vayner RSE. Other participants included Felicis Ventures, Galvanize VC, and best-selling author Tim Ferriss and his AngelList syndicate.
“This is a technology that could literally change the world. Gabe has assembled a world-class engineering team from MIT, and, frankly, I want a Grove in my own home as soon as possible.”
– Tim Ferriss, author and angel investor in tech startups such as Twitter, Facebook, Uber, and more.
Dozens of incredible angel investors and advisors from around the world also participated in the round. Our new partners bring experience in agriculture, hardware manufacturing, consumer branding, marketing, and product development to share with our team.
“One big trend we at Felicis are excited about is the re-imagination of products and services that touch everyone. Nutrition and wellness are keys areas to be touched by this trend, as more people care about transparency, sustainability and responsibility in what they consume. Grove Labs puts technology and software at work to enable anyone and everyone to have the freshest organic fruits and vegetables at their fingertips – something that could just not be done at scale before. ”
– Renata Quintini, Felicis Ventures
Our first order of business was to purchase a juicer for the office. This addition will help us take our traditional Monday morning team wheatgrass shots to a whole new level!
At Grove Labs, we’re on a mission to design products that empower people to grow healthy food because we believe that everybody, in the not-so-distant future, will grow their own healthy food right where they live. If we’re right, this movement will help mitigate some of the largest global problems that agriculture is causing — from soil degradation to greenhouse gas emissions to agro-chemical abuse.
At Grove Labs, we will not be raising a series A round of funding. Rather, we are looking forward to raising a “sprouting” round to accelerate our growth in the coming year :p
Grove Labs Media Kit — Dropbox
Grove Labs Contact:
Gabe Blanchet, CEO
- Announcing the Grove Early Adopter Program! - November 18, 2014
- $2M ‘Seedling’ Round from Gary Vaynerchuk, Tim Ferriss, and Upfront Ventures (among others) to hire the most talented and passionate people we can find. - May 29, 2014
- Our team is our most precious asset. Here’s what working at Grove Labs is like… - April 25, 2014