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§ Private Profile · Landmark Exchange Place 2 5 Semple St, Edinburgh, Scottish Borders, EH3 8BL, United Kingdom
Agritech company providing vertical farming technology and services for commercial growers, focused on sustainable indoor crop.
Intelligent Growth Solutions (IGS), based in Edinburgh, Scotland, UK, manufactures and supplies industrial-scale vertical farming technology to create optimal indoor growing environments year-round. The company's proprietary platforms address challenges such as extreme weather, labor shortages, and pests, enabling sustainable, high-yield crop production for commercial growers, food producers, and governments. IGS has secured $66 million in total funding across two rounds, including a recent $57 million raise, and reported $31.5 million in revenue. With over 200 employees, the organization collaborates with institutions like the James Hutton Institute on crop research and was awarded B Corp status in 2023. Andrew Lloyd serves as CEO, succeeding former CEO David Farquhar. IGS was founded in 2013. Its business model centers on sells vertical farming technology, platforms, and related services directly to commercial growers, food producers, governments, propagators, and nurseries worldwide.
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 has raised $94.8M across 4 funding rounds. Most recently, it raised $28.5M Series C in January 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 18, 2024 | $28.5M Series C | COFRA Holding, DC Thomson, S2G Ventures | Cleveland Avenue, Ospraie AG Science, Scottish Enterprise | Announced |
| Nov 4, 2021 | $57.6M Series B | DON Brenninkmeijer | AgFunder, Cleveland Avenue, DC Thomson, Jason Mraz, S2G Ventures, Scottish Enterprise | Announced |
| Sep 30, 2019 | $2M Series A | Ospraie AG Science | AgFunder, S2G Ventures, Scottish Enterprise | Announced |
| Jun 18, 2019 | $6.8M Series A | AgFunder, Sanjeev Krishnan, Scottish Enterprise | — | Announced |
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.
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]