Grownetics Wins the University of Colorado Venture Challenge Information Technology Competition

BOULDER, Colo., April 19, 2016 /PRNewswire/ -- Grownetics recently won 1st place in the CU NVC IT competition as well as 2nd Place in the CU NVC Grand Prize. Professor of Entrepreneurship at the University of Colorado, George Deriso, said the following about the founders: Working with Eli and Vince has been a real pleasure, as they are focused professionals who are passionate, committed and devoted to the success of their venture. They are open-minded, flexible and curious, making them ideal for leading and growing their business in a changing market. Their vision for Grownetics and the potential to achieve that vision are stunning. This is a team and technology poised to change the world by converging science, technology, agriculture, "Internet of things", artificial intelligence and big data analysis into a highly automated system to maximize plant growth and health while reducing water and energy consumption. Kudos for the incredible job this team has done to date; the future can't arrive quickly enough!

Grownetics is a fast growing technology company which is building the "self driving car" for large scale agricultural cultivations. They are working on a fully automated smart thinking garden, which uses machine learning to reduce costs, save resources, and improve overall yield overtime.  Grownetics has $156,000 in sales in the last 6 months and saved their first customer a massive 60% in operational costs. 

CEO Eli Duffy said the following about the company's future: "With a very small team and very little time we have built the most advanced grow automation system within indoor agriculture. We have an incredibly talented team which is laser focused on developing the most advanced artificial intelligence system in all of Agriculture. We will continue to innovate and execute and will not stop until we reach our goal, which is to grow the best food and medicine sustainably at scale." 

Grownetics has gotten a lot of attention recently apart from their impressive technology. Being in Colorado Grownetics services both to cannabis cultivators along with more traditional agricultural operations. 

Contact
Find out more about Grownetics by visiting their website or emailing [email protected].

SOURCE Grownetics

Related Links

http://www.grownetics.co