Heliponix logo — company profile

Heliponix

Founded 2016 11-50 employees Grant Total: $1.16M Agriculture, Waste Solution

General Information

Company Name Heliponix
Founded Year 2016
Employees 11-50
Industries Agriculture, Waste Solution
Funding Stage Grant
Social

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About Heliponix

Heliponix is a startup founded in 2016 by Scott Massey and Ivan Ball, who met while working on a NASA-funded project at Purdue University. Their shared curiosity about the absence of a consumer-friendly aeroponic device for homegrown produce led them to develop the unique design for Heliponix™ (formerly Hydro Grow). The company operates in the Agriculture and Waste Solution industries. Starting as a passionate endeavor, the two young engineers constructed initial prototypes from their campus apartment, funded by their earnings from night shifts while juggling full-time studies.

The latest investment of $200.00K in Heliponix came from the Indiana Economic Development Corporation on 02 August 2023. This support has been crucial to the continued development and growth of the company as it strives to make consumer-friendly aeroponic technology accessible.

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Grant $200.00K 1
Indiana Economic Development Corporation
02 Aug 2023
Grant $256.00K 1
NSF Small Business Innovation Research / Small Business Technology Transfer (SBIR/STTR)
08 Feb 2021
Seed Round $50.00K 1
Elevate Ventures
08 Feb 2021
Non Equity Assistance Undisclosed 2
MassChallenge, Leading Cities
01 Jun 2020
Seed Round $50.00K 1
Purdue Ag-celerator
22 Jan 2019
Seed Round $608.26K -
28 Sep 2018

FAQ About Heliponix

Scott Massey and Ivan Ball first crossed paths while working on a NASA-funded research project at Purdue University, focused on developing life support systems for future space missions. Their introduction to hydroponic technology sparked a curiosity about the absence of a consumer-friendly aeroponi...
Heliponix was founded in 2016.
Heliponix operates in Agriculture and Waste Solution.
Heliponix has approximately 11-50 employees.
Heliponix has completed 6 funding rounds, raising a total of $1.16M. The latest funding stage is Grant.

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Source: BounceWatch company record for Heliponix, https://bouncewatch.com/company/heliponix, updated 27 December 2024. When citing, please name BounceWatch and link this page.

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