Floraponics

Overview
News
Vertical Farming?
Product stageSegments
Seed
?
Farm Operators: Aquaponics, Growing System Producers
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Floraponics, founded in 2023, is a subsidiary of Grateful Gardener, a Maryland-based company working to advance the local floriculture supply chain. Floraponics develops innovations in floriculture using aquaponics and reported growing over 20 flower varieties in a 1,800 sq ft greenhouse and operating a commercial-scale aquaponics system as of July 2024. The company claims to grow the first aquaponic Dahlia blooms in the world.

Key customers and partnerships

Floraponics has partnered with The Aquaponic Source, a company that grows, designs, and educates on healthy food. It conserves resources to consult on Floraponic’s first major system build and continues to support the expansion of Floraponic’s floriculture vision for aquaponics. The company also partnered with The Aquaponics Association, a leading NGO to promote and advance the technology of aquaponics globally. Furthermore, Floraponics has partnered with The Institute of Marine and Environmental Technology to improve the technology that integrates the functioning of the aquaponic system. 

Funding and financials

In July 2024 , Floraponics secured USD 150,000 in funding from an undisclosed investor. The funds will be used to scale the organic flower farming business into an enterprise generating over USD 500,000 in annual revenue within the next five years.

The company received USD 215,000 in grant funding to research and advance floriculture in aquaponics. The details were undisclosed.

HQ location:
17240 EDWARDS FERRY ROAD Poolesville MD USA
Founded year:
2023
Employees:
1-10
Website:
-
IPO status:
Private
Total funding:
USD 150.0 k
Last Funding:
USD 150.0 k (Seed; Jul 2024)
Last valuation:
-
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