MagrowTec Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Private

  • Employees
  • 35

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $8.12M

  • Investors
  • 10

MagrowTec General Information

Description

Developer of a spraying technology designed to offer droplet formation that yields improved spray drift-reduction and spray coverage performance. The company's technology uses permanent rare earth magnets as part of an integrated system for droplet formation and can be fitted to new or existing spray equipment including crop sprayers, greenhouse gantry sprayers, aerial sprayers, air blast sprayers, and center pivot irrigation systems, enabling farmers to have increased profitability through reduced chemical wastage, improved productivity through increased spray windows and use a technology that supports environmental regulations and is preferable for the environment.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Commercial Products
Corporate Office
  • Orchard House, Block 2
  • Clonskeagh Square, Clonskeagh Road
  • Dublin 14
  • Ireland
+353 (01) 000 0000

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MagrowTec Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Later Stage VC (Series A) 06-Aug-2020 $8.12M 000.00 000.00 Completed Generating Revenue
7. Later Stage VC 22-Feb-2019 00000 000.00 00.000 Completed Generating Revenue
6. Later Stage VC 12-Nov-2018 00.000 00.00 00.00 Completed Generating Revenue
5. Accelerator/Incubator 16-Feb-2017 00.000 00.000 Completed Generating Revenue
4. Seed Round 17-Feb-2016 00.000 00.000 00.000 Completed Generating Revenue
3. Accelerator/Incubator 01-Jan-2016 00000 Completed Generating Revenue
2. Angel (individual) 28-Mar-2014 $316K $316K 00.000 Completed Startup
1. Grant 16-Oct-2013 Completed Startup
To view MagrowTec’s complete valuation and funding history, request access »

MagrowTec Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series A 00,000 00.000000 000.00 000.00 00 000.00 00.000
Ordinary 00,000 00.000000 000.00 000.00 00 000.00 0.00
Ordinary 0,000 00.000000 000.00 000.00 00 000.00 0.000
Series A 00,000 00.000000 000.00 000.00 00 000.00 0.000
Ordinary 00,000 00.000000 000.00 000.00 00 000.00 0.000
Ordinary 00,000 00.000000 000 000 00 000 0.000
Ordinary 00,000 00.000000 000.00 000.00 00 000.00 0.00
Ordinary 000,000 00.000000 000.00 000.00 00 000.00 00.000
Ordinary 5,148 $0.011552 $50.49 $50.49 1x $50.49 0.99%
Ordinary 12,200 $0.011552 $28.88 $28.88 1x $28.88 2.35%
To view MagrowTec’s complete cap table history, request access »

MagrowTec Patents

MagrowTec Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
GB-201710079-D0 Apparatus and method for delivering nanobubble-containing fluid to foliage targets Inactive 23-Jun-2017
US-20140263696-A1 Apparatus for reconfiguring spray equipment, and method Active 14-Mar-2013 00000000000 0
US-9943872-B2 Apparatus for reconfiguring spray equipment, and method Active 14-Mar-2013 00000000000 00
AU-2014244417-B2 Apparatus for reconfiguring spray equipment, and method Active 14-Mar-2013 00000000000 0
CA-2904074-C Apparatus for reconfiguring spray equipment, and method Active 14-Mar-2013 B05B17/0607
To view MagrowTec’s complete patent history, request access »

MagrowTec Executive Team (7)

Name Title Board Seat Contact Info
Gary Wickham Co-Founder, Chief Executive Officer & Board Member
Mel Hurley Chief Financial Officer & Board Member
Anthony Furness Chief Scientific Officer
Lon Kreger Chief Commercial Officer
Derek Wickham Co-Founder
You’re viewing 5 of 7 executive team members. Get the full list »

MagrowTec Board Members (10)

Name Representing Role Since
Arthur Pierse Astanor Ventures Board Observer 000 0000
Faye Drouillard WakeUp Capital Board Observer 000 0000
Frank van Bezooijen Self Board Member 000 0000
Gary Wickham MagrowTec Co-Founder, Chief Executive Officer & Board Member 000 0000
Hendrik Van Asbroeck Astanor Ventures Board Member 000 0000
You’re viewing 5 of 10 board members. Get the full list »

MagrowTec Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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MagrowTec Investors (10)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Astanor Ventures Impact Investing Minority 000 0000 000000 0
Ian Moore Angel (individual) Minority 000 0000 000000 0
WakeUp Capital Impact Investing Minority 000 0000 000000 0
Frank van Bezooijen Angel (individual) Minority 000 0000 000000 0
The Pearse Lyons Cultivator Accelerator/Incubator Minority 000 0000 000000 0
You’re viewing 5 of 10 investors. Get the full list »

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