This is the Seedo pitch deck to raise a $4m series-a round in 2019.
About
If getting your weed delivered right to your doorstep isn’t convenient enough, there’s a company that’s created a “set-it-and-forget-it-type” device that lets you grow your own supply right from the comforts of your home.
That company is Seedo — an Israeli-based startup that has built a fully automated grow system for at-home agriculture.
In a recent interview with Seedo’s CEO, Zohar Levy, the chief exec tells us that the magic of the device — which looks like an Apple-designed mini-fridge — comes from the series of photos being taken and analyzed to keep inside conditions optimal at all times.
“The quality is very high. Why? It’s a closed system,” Levy said. “The camera scans the plants every few hours. The algorithm analyzes the conditions of the plants by the photos and gives them the right parameters, so the plants get the ultimate condition.”
The Seedo home systems don’t just grow weed — though Levy says cannabis is likely your fastest return on investment for a box that costs $2,400 (without any sales). At-home horticulturists can also plant fruit, vegetables, and other herbs. To set the right growing conditions, users just have to select the type of plant they’re planning to grow within the Seedo app and — voilà!
Levy says the first public units shipped last December, and already, some customers have gone through two complete growth cycles.
“The feedback has been great,” Levy said. “Customers are very happy with the results.”
Funding Rounds
| Announced Date | Transaction Name | Number of Investors | Money Raised | Lead Investors |
| Aug 7, 2019 | Post-IPO Debt – Seedo | — | $30M | — |
| Apr 1, 2019 | Post-IPO Equity – Seedo | 1 | $4M | Daniel Birnbaum |
| Sep 18, 2018 | Corporate Round – Seedo | 1 | $2M | Cannabics Pharmaceuticals |
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