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Soli Organic
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Developer of an automated indoor cultivation system that uses a soil-based substrate and a closed-loop micro-ecosystem that recreates natural processes

Founded in 1989
Founded in

Company type Private Public ()
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Industry Group agriculture & food

Sector indoor farming

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Rockingham, VA Rockingham, United States
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Updated by Cleantech Group on 12/16/2022

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IPO INFORMATION

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Date Investors Type Amount
10/12/2022 Movendo Capital Movendo Capital , S2G Investments S2G Investments , Cascade Investment Cascade Investment , XPV Capital Corporation XPV Capital Corporation , CDPQ - Caisse de depot et placement du Quebec CDPQ - Caisse de depot et placement du Quebec (5)
Post-money valuation of
Soli Organic will use the Series D funds to build additional controlled environment farms in strategic locations across the US, and for further scaling of technology and operations.
Growth Equity $125,000,000
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