Sundrop Farms

They are the only company in the world with the technology and know-how to develop and operate greenhouses in locations that have little or no access to arable land, fresh water sources, or grid energy . We have created a proprietary food production system which grows high-quality produce year-round in greenhouses that use the abundant and renewable resources of sunlight and seawater. As the world’s population continues to grow, traditional agriculture puts increasing pressure on our planet’s finite resources. Sundrop Farms decouples food production from those resources by relying on nature’s abundance of sunlight and saltwater to grow the world’s food industry — not just profitably, but also sustainably.
Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2010
Size (employees)
36 (est)
Sundrop Farms was founded in 2010 and is headquartered in London, GB

Key People/Management at Sundrop Farms

Steve Marafiote

Steve Marafiote

CEO

Sundrop Farms Office Locations

Sundrop Farms has offices in London, Greater London, Adelaide, Port Paterson and in 3 other locations
Greater London, GB (HQ)
4 Harbour Ave
London, GB (HQ)
209 Harbour Ave
Adelaide, AU
1 2 Ebenezer Pl
Port Paterson, AU
Gade Rd
Chuckey, US
1865 Chuckey Pike
Show all (7)

Sundrop Farms Financials and Metrics

Summary Metrics

Founding Date

2010

Total Funding

$100 m

Latest funding size

$100 m

Time since last funding

about 3 years

Investors

Sundrop Farms's latest funding round in December 2014 was reported to be $100 m. In total, Sundrop Farms has raised $100 m

Sundrop Farms Financials

Sundrop Farms's revenue was reported to be £1.2 m in FY, 2016 which is a 259% increase from the previous period.
GBP

Revenue (FY, 2016)

1.2 m

Net income (FY, 2016)

(1.6 m)

Cash (31-Dec-2016)

513.1 k
GBPFY, 2015FY, 2016

Revenue

337.9 k1.2 m

Pre tax profit

(570.1 k)(1.6 m)

Net Income

(570.1 k)(1.6 m)
GBPFY, 2015FY, 2016

Cash

76.6 k513.1 k

Current Assets

475.5 k1.1 m

PP&E

30.2 k27.5 k

Total Assets

537.2 k5.5 m
    GBPFY, 2015FY, 2016

    Net Income

    (570.1 k)(1.6 m)

    Cash From Operating Activities

    111.9 k(2.1 m)

    Cash From Financing Activities

    16.6 m

    Net Change in Cash

    76.6 k321.2 k
      GBPY, 2016

      Revenue/Employee

      41.4 k

      Financial Leverage

      -1.5 x
      Show all financial metrics

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