Crocus Labs GmbH Asset Profile

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Year established

2020

Location

Berlin Germany

Primary Industry

Electronics

About

Founded in 2020 and based in Berlin, Germany, Crocus Labs GmbH provides smart light-emitting diode (LED) technology development and sustainment of science and arts. Dr. Prashanth Makaram is the founder and CEO of the firm which has raised EUR 0.30 million in February 2021 from High-Tech Gründerfonds (HTGF). Crocus Labs GmbH provides LED light solutions to horticulture and provides software for monitoring and analyzing data and for lighting control. The firm's technology also helps indoor farmers to reduce electricity consumption and enables them to grow a wide variety of crops. The firm plans to use its seed funding in February 2021 to accelerate its market entry and plans to present its solution for Vertical Farm growing and Greenhouses in 2021.

Current Investors

High-Tech Grunderfonds, Brandenburg Kapital, Business Angels Club Berlin-Brandenburg

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Primary Industry

Electronics

Sub Industries

Solid State Lighting (SSL), Analytics & Performance Software, Farm Equipment

Website

http://www.crocuslabs.com

Verticals

Agtech, Big Data

Company Stage

Angel & Seed

Total Amount Raised

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