Raiz, a pioneering agro-tech company incubated at Tec Labs, is making waves with its Salad as a Service (SaaS) model, aimed at transforming urban farming. The company has secured major partnerships in the real estate and hospitality sectors, marking significant milestones in its expansion across Europe. 🌱
One of the company’s key achievements includes a €180,000 lifetime value (LTV) sales agreement with a real estate client, underscoring growing demand for Raiz’s urban farming solutions.
Raiz has also introduced farm automation at its Concept Farm, leading to a 20% increase in operational efficiency and yield. Additionally, its Ortus project, now in beta testing, has been shortlisted for the prestigious Distributed Design Platform contest at Vienna Design Week.
Despite some challenges with extended sales cycles, Raiz continues to expand its pipeline, with leads valued at over €1.5 million. The company has also partnered with Latvian manufacturing firm SquareMeter to streamline production and installation processes.
Looking ahead, Raiz is preparing to launch a Seed round to accelerate its growth and is actively seeking connections with investors and key players in the hospitality industry to further its vision of transforming sustainable food production. 🚀
