Heliponix

company

About

Heliponix is a agricultural firm that develops products for users to enjoy fresher produce while reducing water and food waste.

  • 1 - 10

Details

Last Funding Type
Seed
Last Funding Money Raised
$50K
Industries
Agriculture,Aquaculture,CleanTech,Farming,Hydroponics
Founded date
Nov 16, 2016
Number Of Employee
1 - 10
Operating Status
Active

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$50K
Heliponix has raised a total of $50K in funding over 2 rounds. Their latest funding was raised on Jan 22, 2019 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 22, 2019 Seed $50K 1 Purdue Ag-celerator Detail

Investments

Number of Investments
Number of Lead Investments
1
0
Heliponix has made 1 investments. Their most recent investment was on Nov 15, 2015, when Inkitt raised $1.10M.
Date Company Name
Round Money Raised Industry Lead Investor
Nov 15, 2015 Inkitt
Seed $1.10M Analytics

Investors

Number of Lead Investors
Number of Investors
1
1
Heliponix is funded by 1 investors. Purdue Ag-celerator are the most recent investors.
Investor Name Lead Investor Funding Round
Purdue Ag-celerator Yes Seed