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Intelligent Growth Solutions has raised $94.8M across 4 funding rounds.
Key people at Intelligent Growth Solutions.
Intelligent Growth Solutions was founded in 2013 by Dave Scott (Founder and CTO) and Henry Aykroyd (Co-Founder & Board Member).
Intelligent Growth Solutions has raised $94.8M in total across 4 funding rounds.
Intelligent Growth Solutions (IGS) develops and manufactures advanced vertical farming technology, primarily its modular Growth Towers, designed for precise, controlled environment agriculture. Their proprietary systems utilize a 3-phase AC power approach, simulating continuous DC power to reduce complexity and enhance energy efficiency. These automated and scalable platforms optimize growing conditions for consistent crop quality and yield.
Established in 2013 in Scotland by David Scott and David Farquhar, Intelligent Growth Solutions originated from the insight to apply Industry 4.0 solutions to agritech. Their goal was to address increasing global demand for sustainable food production by creating highly controlled, adaptable growing environments.
IGS technology serves organizations seeking efficient, scalable indoor farming solutions. The company's vision centers on enabling localized, resource-efficient, and resilient agricultural production. Through advanced, data-driven platforms, IGS empowers growers to meet evolving food challenges and foster a sustainable global food system.
Key people at Intelligent Growth Solutions.
Intelligent Growth Solutions (IGS) is a Scotland‑based vertical‑farming technology company that designs, manufactures and deploys modular, scalable Growth Tower systems plus the software, engineering and crop science needed for year‑round controlled‑environment agriculture (CEA).[5][1]
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick take: IGS is a technically focused agritech vendor that differentiates through an integrated power/communications platform, modular Growth Towers, and close crop‑science partnerships; its challenge and opportunity now are to prove those efficiency gains at scale across diverse geographies while continuing software and recipe development to expand crop range and margins.[6][1]
Intelligent Growth Solutions was founded in 2013 by Dave Scott (Founder and CTO) and Henry Aykroyd (Co-Founder & Board Member).
Intelligent Growth Solutions has raised $94.8M in total across 4 funding rounds.
Intelligent Growth Solutions's investors include COFRA Holding, DC Thomson, S2G Ventures, Cleveland Avenue, Ospraie Ag Science, Scottish Enterprise, Don Brenninkmeijer, AgFunder, Jason Mraz, Sanjeev Krishnan.
Intelligent Growth Solutions has raised $94.8M across 4 funding rounds. Most recently, it raised $28.5M Series C in January 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 1, 2025 | Lumi AI | $4.0M Seed | Intelligent Growth Solutions | AgFunder, Bessemer Venture Partners, S2G Ventures |
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 18, 2024 | $28.5M Series C | COFRA Holding, DC Thomson, S2G Ventures | Cleveland Avenue, Ospraie Ag Science, Scottish Enterprise |
| Nov 4, 2021 | $57.6M Series B | Don Brenninkmeijer | AgFunder, Cleveland Avenue, DC Thomson, Jason Mraz, S2G Ventures, Scottish Enterprise |
| Sep 30, 2019 | $2.0M Series A | Ospraie Ag Science | AgFunder, S2G Ventures, Scottish Enterprise |
| Jun 18, 2019 | $6.8M Series A | AgFunder, Sanjeev Krishnan, Scottish Enterprise |