The Munich-based company Osram believes in the high-tech greenhouse “plantCube” and is investing in the manufacturer Agrilution a.
A greenhouse in refrigerator format — The startup Agrilution is developing the “plantCube” in MunichThe idea sounds appealing: The customer places the cabinet in their kitchen and grows vegetables and herbs from seed mats in their own kitchen. Now the startup has even persuaded the lighting company Osram to invest.
The startup had already worked with the traditional Munich company before. About six months ago, we asked the founders Maximilian Lössl in a interviewwhat the partnership with Osram was all about. His answer at the time:
"Osram has developed special LEDs with us and has already built an initial small series, which we are currently testing. We expect to continue working together in the future when it comes to industrialization, scaling, and perhaps other topics."
Single-digit million amount for Agrilution
The “expected” cooperation has thus become reality earlier than expected. Ulrich Eisele, Managing Director of Osram's VC unit Fluxunit is enthusiastic:
"Due to its innovative business model, agrilution is a perfect fit for Osram. At the same time, Osram can contribute to agrilution's further development with its lighting and horticulture expertise."
According to information from startup scene The financing round, in which previous investors Tengelmann Ventures and Kraut Capital also participated, raised a single-digit million amount.
