Brightspark

Founded in 1999, Brightspark is a Toronto-based venture capital firm specializing in early-stage investments in technology companies across Canada.

Sophie Forest

Managing Partner

Matthew He

Associate

Jacques Perreault

Senior Partner

Mark Skapinker

Managing Partner

Past deals in LED

Elevate Farms

Series B in 2024
Elevate Farms Inc. is a technology-driven company based in Toronto, Canada, that specializes in vertically stacked indoor farming, primarily focusing on the mass production of leafy green vegetables. Founded in 2017, the company employs proprietary technology to optimize plant growth and enhance space utilization, utilizing state-of-the-art LED lighting, automated nutrient delivery systems, and climate-controlled environments. This innovative approach allows Elevate Farms to produce high-quality crops while using up to 95% less water and significantly less land than traditional farming methods. Committed to sustainability, the company strives to minimize its environmental footprint through energy-efficient designs and solar integration. Elevate Farms has demonstrated the profitability and scalability of vertical farming, operating production facilities that deliver fresh produce directly to markets, thus reducing transportation costs and improving supply chain efficiencies. With operational sites in three countries and plans for further expansion, Elevate Farms aims to meet the growing global demand for sustainable produce while addressing food security challenges.

Elevate Farms

Series B in 2022
Elevate Farms Inc. is a technology-driven company based in Toronto, Canada, that specializes in vertically stacked indoor farming, primarily focusing on the mass production of leafy green vegetables. Founded in 2017, the company employs proprietary technology to optimize plant growth and enhance space utilization, utilizing state-of-the-art LED lighting, automated nutrient delivery systems, and climate-controlled environments. This innovative approach allows Elevate Farms to produce high-quality crops while using up to 95% less water and significantly less land than traditional farming methods. Committed to sustainability, the company strives to minimize its environmental footprint through energy-efficient designs and solar integration. Elevate Farms has demonstrated the profitability and scalability of vertical farming, operating production facilities that deliver fresh produce directly to markets, thus reducing transportation costs and improving supply chain efficiencies. With operational sites in three countries and plans for further expansion, Elevate Farms aims to meet the growing global demand for sustainable produce while addressing food security challenges.

Elevate Farms

Seed Round in 2020
Elevate Farms Inc. is a technology-driven company based in Toronto, Canada, that specializes in vertically stacked indoor farming, primarily focusing on the mass production of leafy green vegetables. Founded in 2017, the company employs proprietary technology to optimize plant growth and enhance space utilization, utilizing state-of-the-art LED lighting, automated nutrient delivery systems, and climate-controlled environments. This innovative approach allows Elevate Farms to produce high-quality crops while using up to 95% less water and significantly less land than traditional farming methods. Committed to sustainability, the company strives to minimize its environmental footprint through energy-efficient designs and solar integration. Elevate Farms has demonstrated the profitability and scalability of vertical farming, operating production facilities that deliver fresh produce directly to markets, thus reducing transportation costs and improving supply chain efficiencies. With operational sites in three countries and plans for further expansion, Elevate Farms aims to meet the growing global demand for sustainable produce while addressing food security challenges.
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