Once Innovations, incepted in 2008 and based in Plymouth, MN, develops animal-specific, production-enhancing LED lighting systems. The company focuses on research, development and commercialization of those LED lighting solutions for animal production. It has developed a portfolio of over 75 patents and patent applications related to LED lighting and animal production-enhancing technologies. Once is also licensing a portion of its technologies to the non-agricultural General Illumination market. The company completed a $5.3M Series A and reached an investor agreement that provides access to more than $14M in future growth capital. Once Innovations develops LED lighting products branded AgriShift® specifically for the poultry market. The company is based in Plymouth, MN and was founded in 2008, led by CEO Zdenko Grajcar. Once makes part of its IP portfolio available to other companies under licensing agreements. It intends to use the new funding to expand ongoing research and development activities. The company also plans to pursue licensing of its technologies to the general illumination market. In addition, Once will increase direct sales of products to agricultural markets.

Total raised

$5M

Funding rounds

2

Latest round

Series A

Latest activity

Oct 2013