Seedo Corp “Seedo” (OTCQB: SEDO), a high-tech start-up providing the world’s first fully automated and controlled indoor growing machine for the cannabis and agriculture markets, announces $4 million capital raise at a price of $2.75 per share.
The raising was spearheaded by SodaStream CEO Daniel Birnbaum, who recently joined the Company’s Board of Directors and is reinvesting in less than one month since his initial investment.
“We are proud to have created a precedent in attracting institutional investor, and would like to thank Daniel Birnbaum for his renewed expression of faith,” said Zohar Levy, CEO and Director of Seedo. “We are currently creating a strategic mix of investors for the company, including recognized Nasdaq investors, Family office and Wall Street leaders that previously invested in SodaStream.”
Seedo, which specializes in the development of automated cannabis growth technologies, is listed in OTC in the United States. The Company recently announced an agreement it signed with Kibbutz Dan for the establishment of an automated containerized growth farm for medical cannabis in Israel.
The project is expected to produce 14 tons of dry cannabis bud valued at NIS 86 million. The advanced systems used for controlled growth results in quality, uniform, product that is free of bacteria and mold that currently plagues greenhouses.
Seedo Corp. focuses on the development and distribution of home growing automated machines for various herbs and vegetables worldwide. It also develops herbs and vegetables commercial container. The company was founded in 2015 and is based in Yokneam Illit, Israel.
Author: Bhok Thompson
Bhok Thompson is an “eco-tinkerer” who thrives at the intersection of sustainability, business, and cutting-edge technology. With a background in mechanical engineering and a deep fascination with renewable energy, Bhok has dedicated his career to developing innovative solutions that bridge environmental consciousness with profitability. A frequent contributor to Green Prophet, Bhok writes about futuristic green tech, urban sustainability, and the latest trends in eco-friendly startups. His passion for engineering meets his love for business as he mentors young entrepreneurs looking to create scalable, impact-driven companies. Beyond his work, Bhok is an avid collector of vintage mechanical watches, believing they represent an era of precision and craftsmanship that modern technology often overlooks. Reach out: [email protected]
