Heliponix is a agricultural firm that develops products for users to enjoy fresher produce while reducing water and food waste.
Scott Massey met Ivan Ball while working together on a NASA funded research project at Purdue University in an effort to create life support systems for future space colonies. What started as an introduction to an the innovating technology of hydroponics, left them both wondering why there was not a standard, aeroponic device for consumers to grow their own produce. After extensively researching patents of existing systems on the market, Scott and Ivan realized that the design they were drawing out on napkins had not yet been conceived. It was at that moment, Heliponix™ (formerly Hydro Grow) was founded. What started as a dream for these young engineers who wanted to make a difference in the world became a literal kitchen startup in an apartment on campus at Purdue University as Ivan and Scott built their initial prototypes which were funded by working night shifts as full-time students.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jan 22, 2019 | Seed | $50K | 1 | Purdue Ag-celerator | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Purdue Ag-celerator | Yes | Seed |