14.6.2018

Plantui raised new 1,4 million euro finance and signed OEM product agreement with one of the leading global home appliances manufacturers in May 2018.

Finnish smart garden developer Plantui succeeded closing new finance round, which included investments from existing shareholders and many new investors. New investors included many HNWIs f.e. one of the Supercell founders Mikko Kodisoja. Many new investors were especially attracted by the OEM product agreement signed with one of the leading global home appliances manufacturer.

Plantui aimed at getting partnership agreement with one of the leading global home appliances manufacturer, which happened and agreement was signed in May 2018.

Plantui will focus on with its global partner to R&D work, which results are presented at IFA in Berlin 31.8.2018. Plantui will also continue to invest in its own global business development, which means expansion of its resellers network in 22 countries in Europe, in Asia and in North America.

Successful finance round provide more ammunition for R&D and further international expansion.

Smart home garden and food tech market are growing extremely rapidly globally at the moment.

Plantuin tavoitteena oli kumppanuus yhden johtavan maailman laajuisen kodinkonevalmistajan kanssa, joka saatiin aikaan ja sopimus allekirjoitettiin Toukokuussa 2018.

Finance round enable the company to invest more in marketing and sales, in which special emphasis is on digital marketing and web shop, In addition, the company will continue on further investigation and development of its vertical gardening concept for professional users.

New finance round got flying start with Mikko Kodisoja, one of the Supercell founders, decision to invest in the company through his KEM Ventures company.

– Indoor gardening is globally fast growing trend. And I was impressed with Plantui product functionality and quality. Fresh herbs and salad growing supports local and natural food productions, which is in good balance with our sustainable investment philosophy tells Mikko Kodisoja about his investment decision.

Global business partner enables also many new possibilities in the future.