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Cultivate Tech

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Cultivate Tech | LED Grow Lights | Indoor growing lights

Portland, United StatesFounded 2016Semiconductors
Valuation $50–100M Last recorded · 2021
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Cultivate Tech

Operating under the brand Eco Growtech, Cultivate Tech is a Canadian company positioned within the agricultural technology sector, specializing in advanced lighting solutions for cannabis cultivation. Based in Kelowna, British Columbia, the company's origins are rooted in the Kootenay region's legacy cannabis culture. This background informs its focused approach to serving both commercial and residential cannabis growers.

The company was founded by Shawn Piernitzki, whose upbringing in the Slocan Valley, a notable area for craft cannabis, provided him with early exposure to the cultivation world. This foundational experience is central to the company's direction. The team's technical expertise is further strengthened by a Chief Technology Officer with a background in process control, monitoring, and system automation from the British Columbia Institute of Technology (BCIT), contributing to the development of its specialized products.

Cultivate Tech's business centers on the design and provision of high-efficiency, eco-friendly LED grow lights, controls, and automation systems tailored for all stages of cannabis growth. Its revenue is generated through the sale of these hardware products. The company’s core product line features LED fixtures that utilize the latest chip technology to replace traditional high-pressure sodium (HPS) lights, promising significant energy savings and reduced heat output, which in turn lowers HVAC operational costs for cultivators. For instance, their 640-watt LED light is designed to offer superior Photosynthetically Active Radiation (PAR) while consuming less power than a 1000-watt HPS fixture. Beyond hardware, the business model incorporates services such as consulting and training to support client success.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Portland, United States
Employees
1
Open positions
None listed
Dealroom signal
52.2/100
Industry
Semiconductors
Sector
Semiconductors, Cannabis, Semiconductor Designers and Manufacturers, Photonics Tech, Light-Emitting Diodes (LED), Hard Tech, DT and LS, science-based
Technology
Deep Tech

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Jun 2021 $10M $40M Undisclosed —
EARLY VC✓Equity / VC Dec 2018 $5M $20M Undisclosed —
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Growth signals

Cultivate Tech website traffic

Latest recorded traffic for Cultivate Tech is 380 monthly website visits, down 34.5% over the last three months. Cultivate Tech's team grew 0% over the past year.

Latest monthly visits380 3-month web change-34.5% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Portland HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Cultivate Tech on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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