Osram Acquires Stake in plantCube Developer Agrilution

Osram Acquires Stake in plantCube Developer Agrilution

Osram has acquired a stake in Munich-based start-up Agrilution. The lighting group holds a strategic minority interest in the company via its venture capital arm Fluxunit. The start-up has developed a smart indoor growing box, the plantCube, that serves as a salad, vegetable and herb garden for the home. Even users without any gardening expertise are now able to greatly increase yield due to a specially optimized LED technology and other innovations. "Thanks to its innovative business model, Agrilution is the perfect fit for Osram. And Osram, with its lighting and horticultural expertise, can help to improve and enhance Agrilution," said Ulrich Eisele, head of Osram's Fluxunit. 

(Images: Agrilution)

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