Startup Targeting Cannabis Market Takes 2nd Place at University of Colorado New Venture Challenge

Grownetics platform

Grownetics, which  offers integrated software and hardware tools to optimize cultivation among intelligent farming systems, won a $5000 prize earlier this month at the University of Colorado New Venture Challenge in Boulder.  The company, a graduate of the second cohort at CanopyBoulder, is targeting multiple markets, including cannabis growers.

Headed by CEO Eli Duffy, Grownetics reports sales of $156K in the past six months.  The automation the company provides using sensors and software allows growers to tightly control many variables, like humidity and temperature, and helps them to reduce operating costs and to identify nutrient deficiencies or potential pest infestations. The system helps reduce water and energy consumption as well.

Read Tim Brown’s “Agriculture automation company Grownetics wins UoC IT competition”:

Published by NCV Newswire
NCV Newswire
The NCV Newswire by New Cannabis Ventures aims to curate high quality content and information about leading cannabis companies to help our readers filter out the noise and to stay on top of the most important cannabis business news. The NCV Newswire is hand-curated by an editor and not automated in anyway. Have a confidential news tip? Get in touch.

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