Panacea.Ag
Panacea.Ag is a technology company focused on creating efficient, resilient and sustainable local food ecosystems. The company exists at the intersection of local food production, greenhouse automation, tracking and compliance, and investor-friendly financial technology, to create a holistic approach to food security. Panacea's mission is to create healthy and wealthy communities through decentralized, local, and nutrient-dense food production. Its solutions enable sustainable local food ecosystems. In order to achieve that, we integrate various technologies such as blockchain, hardware automation, machine learning, intelligent market analytics, and advanced financial technology tools. Foremost of all is our intuitive cloud platform and mobile apps.
Panacea.Ag
Panacea.Ag is a technology company focused on creating efficient, resilient and sustainable local food ecosystems. The company exists at the intersection of local food production, greenhouse automation, tracking and compliance, and investor-friendly financial technology, to create a holistic approach to food security. Panacea's mission is to create healthy and wealthy communities through decentralized, local, and nutrient-dense food production. Its solutions enable sustainable local food ecosystems. In order to achieve that, we integrate various technologies such as blockchain, hardware automation, machine learning, intelligent market analytics, and advanced financial technology tools. Foremost of all is our intuitive cloud platform and mobile apps.
TL;DR
Founded: 2017
Headquarters: Pittsburgh, Pennsylvania, United States
Focus: Local food ecosystems, greenhouse automation, blockchain/ML for agtech
Status: Listed as closed in 2019
Known investors: Innovation Works; Idea Foundry
Company Overview
Problem Domain
Local food production, greenhouse automation, tracking and compliance, and market/finance tooling for community food security.
Founded
2017
Industry
AgTech
Funding Track Record
Recorded as a Pre-Seed round on Crunchbase.
Recorded as a Convertible Note round on Crunchbase; last reported round and company listed as closed in 2019.
Investor Signal
“Innovation Works; Idea Foundry”